This opportunity works well for investors who want long exposure to Virtuals (VIRTUAL). Keep in mind, your returns are impacted by the price of VIRTUAL and this pool's yield.
Assets
By investing in this opportunity, your exposure is to the VIRTUAL token, the governance and utility token for the Virtuals platform.
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. Your yield can fluctuate based on borrow volume.
Risk perspective
Risks include potential bad debt due to untimely liquidations of collateral assets.
Provider
ExtraFi
Chain
Base
Contract address
0x662672431D0f76F5BDB65723840d24Ac0089AAF4
Yield19.5%
30d APY
Base
19.5%
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.