DeFi Protocol Cega's New Options Product Marries Gold, Ether to Offer Up to 83% Yield
Briefly

from Coindesk1 month ago
The product offers an annualized percentage yield of up to 83% to investors who stake ETH, Lido's staked ether (stETH), wrapped bitcoin (wBTC), or stablecoin USDC in the option strategy vault.
Coindeskhttps://www.coindesk.com/business/2024/04/02/defi-protocol-cegas-new-options-product-marries-gold-ether-to-offer-up-to-83-yield/
"Users in DeFi want to stake native assets like ETH or liquid staking tokens like stETH, but don't want to lose the asymmetric upside on those assets. Users also want safer, higher-yielding opportunities without significant risk to their principal."
Coindeskhttps://www.coindesk.com/business/2024/04/02/defi-protocol-cegas-new-options-product-marries-gold-ether-to-offer-up-to-83-yield/
Read at Coindesk
#defi #structured-products #decentralized-derivatives #crypto-assets #risk-management
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