This opportunity works well for investors who want long exposure to Ethereum (ETH). Keep in mind, your returns are impacted by the price of ETH and this pool's yield.
Assets
By investing in this opportunity, your exposure to ETH will be partly through the stETH token, which represents ETH staked on the Ethereum blockchain.
Yield source
Your yield comes from swap fees that investors pay when trading between stETH and ETH on Ethereum. Every swap in this pool incurs a fee. This fee is paid out to depositors for providing funds. Your yield can fluctuate based on transaction volume.
Risk perspective
Highly tested and audited smart contracts. Funds are only at risk if validators are penalized for wrongdoing, which is unlikely with multiple safeguards in place.
Provider
Uniswap V2
Chain
Ethereum
Contract address
0x4028daac072e492d34a3afdbef0ba7e35d8b55c4
Yield6.5%
30d APY
Base
6.5%
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.