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scWETH/scUSDC

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@coolhill coolhill released this 31 Mar 13:18
· 90 commits to main since this release
74e0174

🪃 Sandclock V2 🪃 is a set of yield strategies on mainnet, implemented as ERC4626-compliant tokenized vaults.

Major features

  • scWETH - Deposit WETH/ETH and have it enter a leveraged staked ETH position with additional borrow/supply returns. Receive scWETH shares which appreciate over time when the vault is profitable and can be redeemed for WETH. A keeper bot regularly rebalances the position against a target loan to value ratio in order to compound profits or de-risk position. Strategy has exposure to Lido finance, Curve stETH-ETH LP, Balancer, Aave V3 and the Chainlink stETH/ETH price feed.
  • scUSDC - Deposit USDC and over-collateralize it against WETH which will be deposited into scWETH strategy. Receive scUSDC shares which appreciate over time when the vault is profitable and can be redeemed for USDC. A keeper bot regularly rebalances the position against a target loan to value ratio in order to compound profits or de-risk position. Strategy has exposure to scWETH, Aave V3, Balancer, Uniswap V3 and the Chainlink USDC/ETH price feed.