This opportunity works well for investors who want long exposure to ETH.
By investing in this opportunity, your exposure to ETH will partly consist of the ETH+ token, which is a different flavor of ETH on the Ethereum blockchain.
Your yield comes from swap fees that investors pay when trading between ETH+ and ETH on Ethereum. Every swap in this pool incurs a fee. This fee is paid out to depositors for providing funds. On top of this, the provider also boosts your returns through additional marketing incentives. Your yield can fluctutate based on transaction volume and the value of incentive payouts.
Risks include multiple smart contract dependencies, with one of them having low maturity.
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.