✨Strategy №3

The strategy is currently being developed...

The third strategy was tuned to provide fully decentralized exposure on Impermanent loss, Trading fees and Yield farming. To increase capital efficiency it takes advantage of Leveraged Yield Farming protocols.

Position controlled by 1'st chamber is plain pseudo-delta-neutral (PDN) position, available for creation in every LYF protocol. To create it, one should find the pair with notional and asset and farm it with 3'rd leverage.

PDN position can be divided into 2 sub-positions: in first, quarter of funds are deposited and notional is borrowed. In second three quarters of funds are deposited and asset is borrowed.

Position is called "pseudo"-delta-neutral, because with the price movement, proportion and quantities of tokens in pool change, but borrowed amounts stay untouched, so if "long" part of position increases, total position acquires some long exposure. If "long" part decreases position becomes a bit "short". To return total position to neutrality, chamber performs rebalance.