1/5 Our Delta Neutral GLP Vaults will be live Monday, December 12th!
2PM UTC - 4PM UTC (OG / Beacon Holders)
After 4PM UTC (Community / Public)
For those who plan to deposit during our first softcap of 10m TVL, here are some instructions š
2/5 In order for our Delta Neutral GLP Vaults to get started, the Risk-Off Vault needs to be filled first so that our smart contracts can use the working capital to hedge ETH BTC exposure in GLP.
We do this by systematically opening short positions on Aave.
3/5 Target APYs based on optimization ratios seen in our back test data show:
15-25% APY for DN Risk-On Vault
6-8% APY for DN Risk-Off Vault