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OtterClamOtterClamby0x41222a33d9B40173118BD8B80114a9ce3617664E0x4122…664E

CIP046 - KyberSwap ETS Strategy

Voting ended over 3 years agoSucceeded

Hey, I am using Aave to supply USDC / borrow MATIC and deposit borrowed MATIC to KyberSwap's stMATIC/MATIC concentrated liquidity with a very small price range like (-0.01% - 0%), rebalancing over-time. The rewards and fees are good! Also this hedges all down side of MATIC with almost zero impermanent loss.

I would like to move our stMATIC/MAI and stMATIC/USD+ LPs over to this new hedged strategy, almost $300k. This will further protect our capital from a crash while not sacrificing much, if any, APR for stakers.

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61.8K vCLAM100%
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Timeline

Sep 17, 2022Proposal created
Sep 17, 2022Proposal vote started
Sep 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated