Summary
TLDR: The product offers investors up to 83% annualized percentage yield by staking ETH, stETH, wBTC, or USDC in the option strategy vault. Yield is paid out in the form of the coins staked, providing asymmetric upside in a bullish market.
Key Points
1. The product offers an annualized percentage yield of up to 83% to investors who stake ETH, Lido’s staked ether (stETH), wrapped bitcoin (wBTC), or stablecoin USDC in the option strategy vault, Cega said.
2. The yield is paid out in the form of the coins staked, so, ETH stakers receive ETH in yield, providing an asymmetric upside in a bullish market.
3. This product provides investors with an opportunity to earn significant returns by staking popular cryptocurrencies in the option strategy vault.