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 through the dgnETH token, which represents a high-yield ETH index on the Ethereum blockchain.
Yield source
Your yield comes primarily from helping validate blockchain transactions on Ethereum, borrowing interest, trading fees, and protocol incentives. Your yield will fluctuate based on transaction volume.
Risk perspective
Risks include multiple smart contract dependencies, depeg risk, validator slashing risk and potential bad debt due to untimely liquidations of collateral assets.
Provider
Reserve
Chain
Ethereum
Contract address
0x5BDd1fA233843Bfc034891BE8a6769e58F1e1346
Yield11.6%
30d APY
Base
11.6%
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.