This opportunity works well for investors who want long exposure to Optimism (OP), an Ethereum Layer 2 network. Keep in mind, OP's price will impact your earnings, in addition to this pool's performance.
Assets
By investing in this opportunity, your exposure to is directly to OP on the Optimism 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. Your yield can fluctuate based on borrow volume.
Risk perspective
Well audited smart contracts. Risks include exposure to OP and potential bad debt due to untimely liquidations of collateral assets.
Provider
Moonwell
Chain
Optimism
Contract address
0x9fc345a20541Bf8773988515c5950eD69aF01847
Yield3.5%
30d APY
Base
0.6%
Reward
2.9%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.