Update thread on @opyn_
How to earn yield during this bear market while potentially qualifying for an airdrop β‘
𧡠Let's have a look at it π
How to earn yield during this bear market while potentially qualifying for an airdrop β‘
𧡠Let's have a look at it π
Opyn is an option protocol that provides perpetual leverage without liquidations on ETHΒ²
They offer several strategies depending on market conditions
They recently launched a new strategy: "Zen Bull ETH"
They offer several strategies depending on market conditions
They recently launched a new strategy: "Zen Bull ETH"
As a reminder, there are currently two strategies available: Crab strategy and Zen Bull ETH
Crab is better for neutral market conditions
Zen Bull ETH is better for Bull conditions with low volume (calm Long)
Crab is better for neutral market conditions
Zen Bull ETH is better for Bull conditions with low volume (calm Long)
Basically, for the Zen Bull ETH strategy:
β’ No management fees
β’ You are Long ETH, and you earn your rewards in ETH
If you are bull for the next weeks/months, but that you don't think we will pump hard, it might be a good play
β’ No management fees
β’ You are Long ETH, and you earn your rewards in ETH
If you are bull for the next weeks/months, but that you don't think we will pump hard, it might be a good play
This is not a financial advice, only use money you can afford to lose
Risk is always here somewhere so make sure you are aware of it
Risk is always here somewhere so make sure you are aware of it
Currently, the estimated APY is around 11%, but it can change
You can easily deposit ETH in the strategy π
Opyn is a serious protocol that has been around for a long time
With more than $10M in TVL according to TVL, it might be a good play to earn yield during the bear market, and to potentially qualify you for a future airdrop πͺ
With more than $10M in TVL according to TVL, it might be a good play to earn yield during the bear market, and to potentially qualify you for a future airdrop πͺ
I hope you've found this thread helpful
Follow me @MingoAirdrop so you don't miss the next alpha
Like/Retweet the first tweet below if you can:
Follow me @MingoAirdrop so you don't miss the next alpha
Like/Retweet the first tweet below if you can:
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