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Spotlight Project: Cega
Cega is the leading DeFi structured investments protocol.
Users earn high fixed yields between 18% to 150%+ APY on their USDC, ETH, stETH, WBTC, and more, with up to 90% downside protection.
Cega Description
My friends from Cega are the leaders in structured investments. Since 2021 they’ve transacted almost $400M and expanded to Ethereum and Arbitrum from Solana.
They provide simple investment vaults. Users deposit stablecoins or alternative assets into a vault and earn up to 150% APY. Yield is generated through exotic options, which provide you with strong downside protection. Cega offers a range of conservative and aggressive products, suited to all investors.
One of the solutions I'm bullish on Cega is Dual Currency Strategy
While Lido and Rocket Pool offer 3.6% and 3.2% APRs, they lack high yields without leveraged positions. Cega introduced a high-yield opportunity for tokens that already generate yield.
It is the ultimate high-yield, win-win strategy introduced in Cega V2
Allow users to maximize the yield by holding mainstream assets
Give users opportunities to buy discounted $ETH
In the past two months, Cega has launched multiple DCS for mainstream assets including $ETH, $stETH, $WBTC, and stablecoin.
The Dual Currency strategy generates real yield from options premiums. This yield is paid by Market Makers who buy options to hedge their positions
🙍♂️ Followers: 33.3k
Latest Update: Introducing FCNV2 & the Gold Rush strategy
Introducing Gold Rush, the pioneering DeFi option that provides exposure to real-world Gold with downside protection.
Earn attractive yields ranging from 19% to 83% APY by depositing USDC, USDT, ETH, stETH, or WBTC. Your capital is safeguarded against a 30% price drop in XAUT or ETH, with an investment duration of 27 days and automatic rollover.
This innovative product connects DeFi with tangible assets like Gold, presenting opportunities for diversification and high yields. Stakers can optimize their yield potential, achieving over 5 times higher APY than current options.
Over $2.5M has already been deposited into Cega’s new Gold Rush product and users receive Fixed 83.35% APY
2/➯ Updates & Upgrades in DeFi
Maverick v2: more gas-efficient CLAMM, Programmable pools:
Native spot token standards: HIP-1, HIP-2:
NebulaFi: Modular Liquid Staking RollApp - built on top of Dymension
Limit Order on Pendle:
DYDX LP vaults coming soon:
Arbitrum Foundations Grants Program is moving to Phase 3:
3/➯ Alpha by Threadors & Good Reads
The Road to Account Abstraction on Ethereum:
Are validators in the same cluster:
Thoughts about Degen Chain:
Tweet about the uselessness of TAO:
4/➯ VITAL NEWS📰₿
Farcaster is raising a new round at a $1B valuation led by Paradigm:
Tron argues SEC ‘not a worldwide regulator’ and lawsuit goes ‘too far’:
FTX bankruptcy estate aims to begin repaying creditors by the end of 2024:
Polygon Labs CEO tweeted that L3 exists only to take value away from Ethereum:
Hacker of Prisma Finance made the team to hold an online press conference where all team members would demonstrate KYC and apologize:
5/➯⛓️On-Chain Data
SeiNetwork's March performance:
Parabolic growth across Base chain:
Stablecoins' US Treasuries Backing will move On-Chain:
Solana hit 1M TPS:
6/➯ Macro Metrics 📈
S&P 500 annual buyback executions:
Median Home Prices are Sharply Contracting:
March 2024 ISM Manufacturing PMI posts first positive print (i.e. >50 breakeven) in 18 months:
Home price growth has crushed wage growth:
That’s it for today, my friends!
Thank you all for staying with us. Your future self will undoubtedly be grateful for the knowledge and insights gained here.
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