Change log
Ambient <> Aave Strategy ( discontinued 7th march 2025)
The Ambient x Aave Combo Strategy optimises your yield and Scroll Marks earning securely on USDC or ETH by allocating 50% to Ambient LP pools and 50% to Aave. This strategy ensures efficiency and convenience, allowing you to enter a multi-position in a single transaction.
Deploy to experience:
Efficiency and Convenience: Single transaction to open an LP + Lending position.
Optimized Scroll Marks: Open and manage Scroll positions faster. Earn extra marks as Console user
Optimised Returns: Utilises both LP pools and lending for balanced returns.
Risk Mitigation: Diversification in Aave and Ambient positions, blue-chip protocols.
How to Deploy?
Steps to Deploy the Strategy
Choose Input Token and Amount: Select either ETH or USDC as your input token and an amount.
Simulate and Sign Transaction: Approve and sign the transaction in your Console.
What the Strategy does in a single transaction:
For ETH:
Allocate 50% ETH to LP on Ambient: Swap ETH to wstETH and provide liquidity on the wstETH/ETH pool.
Supply 50% ETH to Aave: Deposit the remaining ETH on Aave.
For USDC:
Allocate 50% USDC to LP on Ambient: Swap USDC to USDT and provide liquidity on the USDC/USDT pool.
Supply 50% USDC to Aave: Deposit the remaining USDC on Aave.
Notes
Direct Execution: The transaction is executed directly on the Ambient and Aave contracts, without depositing in any Brahma proxy contracts. The user's Console directly owns the positions in the two protocols at all times.
The Ambient price range for liquidity provision is set at [-2%, +2%] of the current price, preselected due to the correlated nature of assets in the Ambient pool, such as USDC-to-USDT or ETH-to-wstETH.
The strategy opens 2 positions of equal size, one on Ambient and one on Aave.
The position can only be opened with the template, not managed nor closed.
The opened positions can be managed directly on each of the protocols by using Brahma Connect.
Usual Pill Booster Strategy ( discontinued 7th march 2025)
The Usual Pill Booster Strategy is designed to help you maximise Pill rewards by efficiently utilising Usual’s stablecoin. This strategy converts your chosen input token into USD0, upgrades it to the locked USD0++ for enhanced yield, and optionally adds liquidity on Pendle for additional rewards—all in a single, efficient transaction.
Deploy to Experience:
• Maximised Rewards: Gain RWA (Real-World Asset) yield with USD0 while maximising Pill rewards.
• Efficiency and Convenience: Enter and optionally boost your position in one seamless transaction.
• Enhanced Yield: Convert to USD0++ to lock in higher yields.
• Optional Pendle LP: Further amplify your Pill rewards by providing liquidity on Pendle.
How it Works?
Strategy Operations
1. Swap Input Token to USD0:
The strategy begins by swapping your input token, which can be any supported stablecoin or ETH/WETH, to USD0 using Console’s best available route through its swap meta-aggregator.
2. Convert to USD0++:
Once USD0 is acquired, it is automatically staked and upgraded to USD0++, the locked version of the stablecoin that offers enhanced yield through exposure to real-world assets.
3. (Optional) Provide Liquidity on Pendle:
If you opt for the Pendle action, the strategy mints USD0++ LP PT (Principal Token) tokens, which are then deposited into the USD0++ PT pool on Pendle with an expiry on 31/10/24. This step maximises your Pill rewards by earning additional yield from liquidity provision.
Position Management
After deploying the strategy, you have the flexibility to manage your position directly using Brahma Connect or Wallet Connect:
• Adjust Pendle LP Position:
You can manually adjust your Pendle LP position at any time, allowing you to increase or decrease your liquidity as market conditions change or as you see fit.
• Swap USD0++ Back to USD0 on Curve:
If needed, you can convert your USD0++ back to USD0 using Curve.
Risks
Engaging with the Usual Pill Booster Strategy involves several risks that users should be aware of:
• Smart Contract Risks:
The USD0 and USD0++ tokens, as well as the Pendle LP positions, are based on smart contracts. These contracts could potentially contain vulnerabilities that might be exploited, leading to loss of funds or other unintended consequences.
• Market Volatility:
The yield and rewards associated with USD0++ and Pendle LP positions can be affected by market fluctuations, including changes in interest rates, demand for liquidity, and overall market sentiment. This can impact your returns.
• Liquidity Risks:
The USD0++ is a locked version of USD0, meaning it is subject to a longer lock-up period, which could limit your ability to access your funds quickly (a Curve pool for USD0/USD0++ allows for swapping between the tokens). Additionally, liquidity on Pendle might not always be sufficient, potentially leading to slippage or delays in exiting your position.
For a more detailed analysis of the risks, please refer to Usual’s risk documentation.
Contracts Used
• USD0 Token: Etherscan Link
• USD0++ Contract: Etherscan Link
• Pendle USD0++ PT Pool: Pool Page
Additional Resources
• Usual Money Docs: Visit Usual’s Documentation
Kelp Gain Template ( discontinued 7th march 2025)
The Kelp Gain Vault Strategy optimises your yield by allowing you to zap into the Kelp Gain Vault with your chosen input token (ETH or USDC) in a single transaction. This strategy is designed to farm airdrop points across multiple protocols, including Kelp, Scroll, Linea, Karak, and Eigen, ensuring efficiency, convenience, and maximised rewards.
Deploy to experience:
• Efficiency and Convenience: Zap directly into the Kelp Gain Vault in one transaction.
• Airdrop Farming: Automatically farm airdrop points from top protocols like Kelp, Scroll, Linea, Karak, and Eigen.
• Optimised Returns: Maximise your yield by leveraging multiple protocols and earning additional rewards.
• Streamlined Management: Manage your position seamlessly via the Kelp platform.
How to Deploy?
User Steps to Deploy the Strategy
Choose Input Token and Amount: Select ETH, stablecoins, or LSTs as your input token and specify the amount.
Simulate and Sign Transaction: Approve and sign the transaction in your account.
What the Strategy Does in a Single Transaction:
Swap Input token to rsETH: Your chosen input token (ETH, stables, or LSTs) is swapped to rsETH.
Approves and Deposit rsETH into Kelp Gain Vault: The rsETH is then deposited into the Kelp Gain Vault, where it farms airdrop points across Kelp, Scroll, Linea, Karak, and Eigen.
Notes
• Direct Execution: The transaction is executed directly on the Kelp Gain Vault contracts, ensuring that the user’s account directly owns the position in the vault at all times.
• The strategy efficiently manages multiple protocols in one unified transaction, streamlining the process of earning rewards from various airdrop opportunities.
• The strategy is designed for ease of use, allowing for straightforward management of the position on the Kelp platform after deployment.
• The strategy currently supports integration with Kelp, with future plans to add Pendle actions for enhanced yield opportunities.
Risks
Engaging in this vault strategy carries inherent risks, including potential loss if the underlying assets decrease in value. The strategy is designed to maximise rewards by farming airdrops from multiple protocols, but market volatility and protocol performance can impact your returns. Additionally, withdrawals from the vault take 3-4 days to process, which may affect liquidity needs. Smart contract risks are also present, as vulnerabilities in the vault’s code could lead to unexpected losses.
Always consider your risk tolerance and perform due diligence before participating in this strategy.
See Kelp’s doc for more information.
Contracts Used
• Kelp Gain Vault: Contract Address
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