This opportunity works well for investors who want long exposure to Bitcoin (BTC). Keep in mind, your returns are impacted by the price of BTC and this pool's yield.
Assets
By investing in this opportunity, your exposure to BTC will be through the yoBTC token, which is an index of multiple BTC-only pools.
Yield source
Yield comes from several sources including interest from lending BTC to borrowers and trading fees charged for swapping BTC derivatives within the pool.
Risk perspective
When you invest in this opportunity, the YO protocol will seek the best possible risk-adjusted yield by diversifying into multiple other opportunities. However, you are still exposed to smart contract risks of YO protocol, which is still nascent.
Provider
YO
Chain
Base
Contract address
0xbCbc8cb4D1e8ED048a6276a5E94A3e952660BcbC
Yield4.5%
30d APY
Base
4.5%
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.