This opportunity works well for investors who want exposure to BTC, ETH and USD, and want to keep a balanced exposure to these three assets while earning yield. This portfolio automatically maintains a 1/3 ETH, 1/3 BTC and 1/3 USD asset allocation.
Investors in this pool are exposed to the risks of WBTC (wrapped BTC) and crvUSD, an overcollateralized USD stablecoin.
This pool earns swap fees between WBTC, ETH and crvUSD (and CRV rewards) but is subject to impermanent loss if BTC or ETH experiences sudden price swings.