This opportunity works well for investors who want long exposure to Moonwell (WELL). Keep in mind, your returns are impacted by the price of WELL and this pool's yield.
Assets
By investing in this opportunity, your exposure is to the WELL token, the governance token for the Moonwell lending 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
0x08e1da3335Ddc84DDd926EB49946A5df3093ff7F
Yield30.5%
30d APY
Base
30.5%
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.