This opportunity works well for investors who want long exposure to Ethereum (ETH). Keep in mind, your returns are impacted by the price of ETH and this pool's yield.
Assets
By investing in this opportunity, your exposure to ETH will be through the wstETH token on the Ethereum blockchain.
Yield source
Your yield comes primarily from the interest rates paid by borrowers who leverage the assets you've supplied for trading or farming. The more your asset is borrowed, the higher the interest that accrues back to you. Your yield can fluctuate based on borrow volume.
Risk perspective
Risks include multiple smart contract dependencies and potential bad debt due to untimely liquidations of collateral assets.
Provider
Fluid
Chain
Ethereum
Contract address
0x2411802D8BEA09be0aF8fD8D08314a63e706b29C
Yield3.5%
30d APY
Base
3.5%
Reward
0%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.