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ETHMAXI

ETH vault using derivatives to boost Liquidity Provider yield.
💡 This vault uses the yield earned from liquidity provision "base yield" to take leveraged derivatives positions to create an enhanced return while keeping users' principal in blue-chip liquidity pools with active risk monitoring.

Vault Details

Product Link: ETH MAXI​
Base Asset: ETH
Onboarding Chain: ETH
Strategy Chains: ETH + Optimism
Strategy Type: Boosted Liquidity provision Yield
Derivative Trading Venue: Lyra Finance​
Frequency: The strategy runs on weekly cycles
Fees: No Fees
Contracts: Deployed Contracts​
Liquidity Pool: Curve ETH-sETH (Staked on Convex) Pool Contract Address​
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Vault Cycles

  • User deposits ETH or WETH in the vault on the ETH mainnet
  • The principal is allocated to liquidity pools optimized for risk, liquidity, and yield by the vault.
  • The vault harvests the interest earned in the pool weekly, bridges it to Optimism, and uses it to purchase options on Lyra Finance using a momentum trading strategy; 1-week at-the-money ETH options (calls if the signal is bullish, puts if the signal is bearish.
  • The interest is bridged and transferred across protocols and chains by the Brahma smart contracts. (Currently, we use socket.tech to bridge across chains)
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Got questions? See FAQ​
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Last modified 5mo ago