This opportunity works well for investors who want long exposure to ETH.
Assets
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.
Yield source
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 fluctuate based on transaction volume and the value of incentive payouts.
Risk perspective
Risks include multiple smart contract dependencies, with one of them having low maturity.
Provider
Yearn V2
Chain
Ethereum
Contract address
0x849dC56ceCa7Cf55AbF5ec87910DA21c5C7dA581
Yield19.2%
30d APY
Base
19.2%
Reward
0%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.