This opportunity works well for investors who want exposure to both BTC and ETH. This portfolio rebalances between BTC and ETH as prices fluctuate.
Assets
By investing in this opportunity, your exposure to BTC and ETH will be through the cbBTC and WETH tokens, which are different flavors of BTC and ETH on the Ethereum blockchain.
Yield source
Your yield primarily comes from the swap fees paid by traders when swapping between BTC and ETH, plus protocol incentives. The more trades between the pair, the higher the fees that you earn. The yield can change depending on transaction volume and value.
Risk perspective
Risks include multiple smart contract risks and potential impermanent loss if the price of BTC and ETH fluctuates significantly from the time you entered the pool.
Provider
Beefy
Chain
Base
Contract address
0x63b58051bDB4Db1C376035348d9F83f7AdFa9537
Yield19.1%
30d APY
Base
19.1%
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.