Ambient <> Aave Stategy | Scroll
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.
Risks
Engaging in LP strategies carries inherent risks, including potential impermanent loss if the price of the assets in the pool changes significantly. This is partially mitigated by LPing in pools of correlated assets. Additionally, fluctuations in swap fees, lending rates and market volatility can impact your position and returns. Always consider your risk tolerance before leveraging assets or providing liquidity.
Contracts Used
Ambient Pools:
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