This opportunity works well for investors who want exposure to CRV, ETH and USD, and want to keep a balanced exposure to these three assets while earning yield. This portfolio automatically maintains a 1/3 CRV, 1/3 ETH and 1/3 USD asset allocation.
Assets
By investing in this opportunity, your exposure to CRV, ETH and USD will be through the CRV, WETH, and crvUSD tokens, respectively, which are different flavors of those assets on the Ethereum blockchain.
Yield Source
Your yield comes from swap fees that investors pay when trading between CRV, ETH and crvUSD 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 and exposure to crvUSD, a USD stablecoin that is overcollateralized by a variety of crypto assets.
Provider
Yearn V2
Chain
Ethereum
Contract address
0x3f34A7eF4f17528CbFFb7817060941BCdaC924fa
Yield40.7%
30d APY
Base
40.7%
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.