4 天前
🔥 Neutrl: Real Yield, No Bullshit 🔥 → Forget fake APYs → $NUSD: A stablecoin with a 20-30% yield?! → OTC arbitrage can revolutionize yield-bearing stablecoins! Here’s why this might be best stable yield in DeFi 👇
1/ Intro @neutrl_labs is a market-neutral synthetic dollar that turns pro OTC + perp hedging into on-chain yield!
2/ Backers Raised $5M by @ambergroup_io, @nascent, @figmentcapital, @accomplices, @stix_co, @dcfgod, @will__price, @leptokurtic_, @joshua_j_lim and others.
@neutrl_labs 3/ How it works 👇 → $NUSD ERC-20, fully backed, fast redeem 1:1 → $sNUSD staked NUSD; yield-bearing; yield re-indexed each epoch What are the protocol's revenue sources?
3/ Yield sources for $sNUSD 1) Hedged OTC Deal Discounts 2) Delta-Neutral Yield Strategies 3) Yield-Bearing Stablecoins All protocol income - basis arbitrage, OTC carry, onchain reference yield pools - flows to the yield pool.
3.1/ OTC Arbitrage Example: MagicEden Foundation is selling $ME with a 35% discount and a 6-9 month linear vesting period @neutrl_labs team purchases $ME tokens and opens a 1x short on perps to hedge against volatility risk Revenue Generation: after the vesting period ends, the Neutrl team sells the unlocked $ME tokens and closes the short position ROI: 20-40%
3.2/ Delta-Neutral Yield Strategies Mechanism: Delta-neutral strategies like perpetual futures funding arbitrage and basis trading exploit derivatives market inefficiencies, neutralizing price risk. Revenue Generation: Earn yield from funding rate differences or price spreads, avoiding market volatility
3.3/ Yield-Bearing Stablecoins ( $USDf, $cUSDO and etc) Mechanism: Part of the protocol's reserves is allocated to yield-bearing stablecoins, tracking overnight "tradfi" risk-free rates. Revenue Generation: Stables generate low-risk yields, serving as primary reserves for redemptions and capital needs
4/ How to farm: • Go to • Deposit $USDT → receive $preNUSD • Earn: Neutrl Points / Upshift Points / $XPL rewards → Lock: 2.5 months!
5/ I have built a Dune dashboard tracking preNUSD inflows! Check it out to see which VCs joined the pre-deposit vault 👇 → → Drop a stars if you like it!
@neutrl_labs @valueaccrual 6/ Main Risk: - Negative funding rates can eliminate all yields. - A sudden altseason may trigger short squeezes. But! @behrin_n shared surprising stats: 77.5% of all days from April 2024 to 2025, altcoins had positive funding rates!
7/ My Take I’m farming! The OTC arbitrage model is clever but risky Still, seeing $50M filled in 20 minutes shows massive demand
Neutrl is redefining real yield Sustainable, neutral, and fully backed by smart money. What’s your take. Alpha or overhyped? 👇
Shout-out to: @0xTAY_ @0xmjt @neutrl_labs @0xasht @valueaccrual @MiMe_CH @behrin_n @Defi_Warhol @ViktorDefi @0xFastLife @zerokn0wledge_ @terra_gatsuki @BitKing_1 @BobtheBuildooor @Deebs_DeFi @MaransCrypto @asedd72
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