Would you put your ETH into a
@Uniswap LP with a range from $4700 to $7000 for 185 days to earn 3.95% APR upfront?
What if I told you combined with buying calls on
@DeriveXYZ this becomes a single-sided staking vault for ethereum:native using
@Saffron to pay the premium for your calls?
LP loses ETH over time as ETH climbs above $4700 but the calls bought with Saffron premium cover losses
This is a staking vault that pays more and more as ETH goes up, even outside the top side of your range
This is similar to a call spread but denominated in ETH it becomes a staking vault
You could do the same denominated in dollars if you buy puts, but if your thesis is bullish ETH, this is maybe the *best* way to express that thesis with *no ETH drawdown*
tl;dr use your future yield (which would be earned half in depreciating dollars) to buy calls now
𐁉 Saffron