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What our analysts are rambling about 🔍
Vovo Wee Wa
Vovo Finance is an experimental platform for structured products on Arbitrum, designed for users with various levels of risk tolerance. The protocol's strategies combine traditional yield-farming with leveraged positions to capitalize on market volatility.
The protocol currently offers two types of products for ETH and BTC - principal protected vaults and GLP vaults. As it stands, the GLP vaults currently offer a higher yield but are considerably riskier compared to the principal protected products. Oh, and as a bonus, there's no token yet 😉.
Across Bridge Referral Program
Across is expected to launch a token in the near future, and the bridge protocol is giving users a chance to earn some through its referral program. For every referral you make, you will earn a percentage of their bridge fees in ACX tokens. The more you refer, the higher portion of bridge fees you will receive.
The ACX rewards will be unlocked once the token has launched, though users will stop accruing referral rewards once claimed. For more info on the referral program, check it out here.
Insurance for Stables?
Insurance for your pegged assets is coming soon!
Y2K Finance will be releasing their flagship product called Earthquake soon. Users will be able to deposit ETH into the "Premium" vault to buy coverage on a specific pegged asset, or deposit ETH into the "Collateral" vault to earn yield and premium from the insured.
Earthquake vaults run in epochs, and if there's ever a depeg event (price falls below strike price), users who deposited in the "Premium" vault will receive the payout from the "Collateral" vault. "Collateral" depositors, on the other hand, will receive premiums regardless, with cash flows only happening at the end of each epoch.
You can read more about Y2K's Earthquake here.
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