👀 A new DeFi primitive that’s been printing 30% APY for its early beta users ($52M TVL), goes live for public deposits with USDT soon on Ethereum Mainnet. 👋 Get to know @neutrl_labs in a new @edge_pod before everyone else does in a few months!
🎙️ New @edge_pod 🟢 Is This The Best DeFi Yield Since Ethena? 0:00 - Intro 7:46 - Behrin’s background 8:54 - Overview of OTC arbitrage strategy 10:50 - The mission at Neutrl 12:44 - Market conditions for trading strategies 14:23 - Who does Neutrl work with? 15:40 - Average terms for OTC deals 16:37 - Example of a Neutrl strategy 20:15 - Will this work in bull, bear, flat market? 21:49 - Can this benefit foundations selling tokens? 23:55 - Composition of yield strategies 25:42 - Could price dumping benefit the OTC strategy? 29:07 - Which tokens fit this strategy? 30:57 - Dumbing down the Neutrl OTC arb 33:55 - Understanding NUSD vs sNUSD 35:22 - Do sNUSD holders have to lock? 41:45 - Neutrl’s yield distribution 43:40 - Future yield strategies for Neutrl 44:41 - How scalable is this yield? 46:11 - Closing 🙏 Thanks to @neutrl_labs Founder @behrin_n for joining us!
Note: I am not invested in Neutrl and per usual I would never recommend blindly depositing into any new protocol without doing your own DD and considering you can lose 100% of any deposit due to smart contract bugs.
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