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YFI Community Releases yETH-PUT Vault Proposal, Seeking Additional Yields By Adding Liquidity

Tracy CHEN

Summary: A YFI community member, amaruro, proposed a new yETH-PUT (Options) Vault. It aims to develop an alternative strategy to earn ETH yield in addition to the current yETH vault strategy with the potential for even higher yields. Also, it plans to provide liquidity to support and help grow the nascent Option Markets that are fundamental ...

A YFI community member, amaruro, proposed a new yETH-PUT (Options) Vault. It aims to develop an alternative strategy to earn ETH yield in addition to the current yETH vault strategy with the potential for even higher yields. Also, it plans to provide liquidity to support and help grow the nascent Option Markets that are fundamental instruments to support further diversification in DeFi. The two alternative Option Protocols identified as candidates to use for this Strategy are Opyn and Hegic.

Tracy Chen

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