ynETHx
ynETHx is a MAX LRT defining a new LRT class designed to optimize yield from ETH restaking and DeFi strategies using L1 settlement assurances all under 1 product. MAX LRTs rebalance assets across multiple tokenized strategies and multiple chains with the goal of achieving a risk adjusted 10-15% APY. ynETHx generates yield from ETH staking, EigenLayer restaking, and DeFi strategies. Strategies are modular and enable the ability to add and remove strategies allowing ynETHx to adapt to an evolving market to maintain the highest-yielding restaking opportunities, while always keeping security and safety in mind. Strategies are managed by the YieldNest DAO/subDAO’s.
Key Features
Restake ETH and LSTs (LSTs coming soon)
Reward Accumulation: Earn from ETH staking yield, restaking rewards, DeFi yield, YieldNest Seeds, future AVS airdrops & rewards.
Auto compounding rewards, and automatic rebalancing of assets across strategies.
Supported Tokens:
Active: ETH, wETH
Coming soon: ynETH, ynLSDe, stETH, wstETH, oETH, wOETH, sfrxETH, mETH
DeFI Utility: Access higher yields while participating in DeFi.
Secure and Efficient: Designed to minimize vulnerabilities and ensure security.
ynETHx Architecture
Value Accrual: ynETHx auto-compounds rewards, enhancing token value over time. As rewards are distributed and compounded, the value of ynETHx grows.
ERC-4626 compliant
ynETHx Use Cases
Enhanced Yield: Restake to earn boosted yields through restaking and DeFi.
Controlled Exposure: Holding ynETHx allows users to earn higher risk-adjusted yield —all through a single liquid token.
Providing Liquidity: Use ynETHx to provide liquidity on DeFi platforms like Curve, earning swap fees and liquidity mining rewards.
Lending/Borrowing: Lend ynETHx on decentralized markets like Morpho, Silo, and CurveLend to use it as collateral to borrow against your ynETHx or stablecoins.
Profit Realization: Unstake your ynETHx for ETH plus accumulated restaking revenue, or swap it for any token of your choice on decentralized exchanges.
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