DeFi Structured Investment Protocol Cega Expands to Arbitrum

DeFi Structured Investment Protocol Cega Expands to Arbitrum

Cega, a provider of DeFi structured investments product, has announced its expansion to Arbitrum. With this move, Cega aims to bring its unique structured investments product to the Arbitrum community. Arbitrum users will now have access to Cega's strategic option structures, enabling them to generate safer and superior yields on their $USDC holdings.

Launched in June 2022, Cega has emerged as a leading provider of structured investments in DeFi, having processed over $280M in trading volume to date. Cega’s vaults allow investors to earn high fixed yields during volatile market environments while providing strong protection against severe market downturns. The vaults utilize tailored options strategies to generate these higher yields with reduced risk.

Cega is introducing the L2 vault strategy, featuring ARB and OP tokens. Users stake USDC stablecoin to earn USDC yield with an estimated APY of up to 63% APY, downside protection of 50%, and strong backtesting results indicating a low probability (5% chance) to risk losses on invested principal.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Arbitrum

DeFi

Options

Related News
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
2 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open