Had to make a moonsheet because people didn't seem to get it @OpenEden_X YT cUSDO vault
OpenSeason has kicked off for @OpenEden_X for a last chance to earn $EDEN before TGE with over 700% APR for YTs or 98% APR for Curve LPs👀 ✅ OpenSeason The EDEN Bills points program was concluded after snapshot on Sept 15th but a new phase OpenSeason have been launched OpenSeason starts now with additional vaults to earn EDEN (both pre-farms before TGE and continuing after TGE) Pre-farmed tokens during OpenSeason will be claimable from Oct 7th More OpenSeason initiatives will come, but the first vaults are already here with some juicy rewards ✅ Curve Stability Vault Deposit Curve cUSDO-USDC LP tokens into the vault to earn $EDEN ahead of its TGE. 1. Deposit cUSDO-USDC LP on @CurveFinance 2. Deposit the LP token in @OpenEden_X Stability Vault Currently 98% APR EDEN emissions will continue until maturity March 1st ✅ Pendle YT cUSDO Stability Vault 1. Buy YT cUSDO on @pendle_fi 2. Deposit in @OpenEden_X Stability Vault Vault will run until Nov 20th Translating APR into estimated ROI: Current YT cUSDO Implied Yield = 11.36% Current YT cUSDO Underlying Yield = 3.87% Days until maturity = 64 Estimated FDV at launch (used for APR calculations) = $250M 659% APR = 1.8% daily ROI ROI in EDEN = 115% ROI Pendle Underlying Yield = 35% of invested capital Total estimated ROI = 150% of your invested capital The vaults could of course be diluted by more users depositing, but typically this would drive up the YT price as well which would allow you to exit in profit And you are also taking a bet on the future EDEN price (but remember @yzilabs is invested so Binance listing is high probability)
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