<aside> 💡 This vault uses the interest earned on popular yield aggregators to take levered positions on derivative instruments to create an enhanced return.

</aside>

Now Live: degen.brahma.fi

Vault Details

Base Asset: USDC

Fees: There are no fees charged in this vault.

Contract: Deposit Contract: 0x9eBBccCcBfe01047dab8Ef07fAc3e4dBaD444dAC

Stablecoin Pool: Frax3crv-Pool (Staked on Convex) Pool Contract Address: 0xa79828df1850e8a3a3064576f380d90aecdd3359

Derivative Trading Venue: Perpetual Protocol

Derivative Trading Strategy: Simple Momentum Trading Strategy taking leveraged perpetual future positions on ETHUSD with continuous take profit and stop loss monitoring. The strategy backtest can be found here.

Harvest Frequency: Yield from Convex is harvested weekly

How does it work?

• User deposits an $USDC in the vault (0x1c4ceb52ab54a35f9d03fcc156a7c57f965e081e)
• The vault takes a position and deposits that into the best-performing yield aggregator supporting the asset. (Current pool: Frax 3CRV- Pool ~Staked on Convex)
• The strategy routinely takes the interest earned by the pool and deploys in the derivative protocols (Weekly generated yield is bridged to Perpetual protocol and positions determined using the momentum strategy)
• The interest is bridged and transferred across protocols and chains by the Brahma smart contracts. (Currently, we use socket.tech to bridge across chains)

Got Questions?

For queries, head to le FAQs here