This opportunity works well for investors who want long exposure to ETH.
Assets
By investing in this opportunity, your asset exposure is directly to ETH on the Ethereum blockchain.
Yield source
Your yield comes primarily from the interest rates paid by borrowers who leverage the assets you've supplied for trading or farming. The more your asset is borrowed, the higher the interest that accrues back to you. On top of this, the provider also boosts your returns through additional marketing incentives. Your yield can fluctuate based on borrow volume and the value of incentive payouts.
Risk perspective
Risks include asset exposure considerations (ETH) and potential bad debt due to untimely liquidations of collateral assets.
Provider
Gearbox
Chain
Ethereum
Contract address
0x0418fEB7d0B25C411EB77cD654305d29FcbFf685
Yield3.6%
30d APY
Base
2.8%
Reward
0.8%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.