An ecosystem of unique yield strategies that help you earn yield, amplify, and stretch it across all market conditions
Audited by omiscia
We take a different balanced approach to finding and creating yield opportunities in the ever-changing crypto markets. Our strategies help users stay protected and hedged from volatility risks while having the ability to generate outsized returns in any market. Bull or Bear we amplify there…
We take a different balanced approach to finding and creating yield opportunities in the ever-changing crypto markets. Our strategies help users stay protected and hedged from volatility risks while having the ability to generate outsized returns in any market. Bull or Bear we amplify there…
Our initial strategies use powerful burgeoning trends like Real Yield, Rebase, and others to generate cutting-edged yield innovations. These yield strategies stretch beyond the drought in stable coins and set the value for our native protocol token $EEFI. Check them out!
Our initial strategies use powerful burgeoning trends like Real Yield, Rebase, and others to generate cutting-edged yield innovations. These yield strategies stretch beyond the drought in stable coins and set the value for our native protocol token $EEFI. Check them out!
$AMPL
$AMPL
$PEAS
$PEAS
$???
$???
Projected Yield (APR)
100+%?
Current Deposits
1.8M+ AMPL
Max Capacity
Unlimited AMPL
Projected Yield (APY)
15 - 70%
Current Deposits
~6800 EEFI
LP TVL
$750,000
Projected Yield (APY)
???%
Current Deposits
0.00 ???
Max Capacity
0.00 ???
1 / 6
2 / 6
3 / 6
4 / 6
5 / 6
6 / 6
First token, additional rebasing tokens, or
rebase-enabled tokens can be added in the
future.
$AMPL
Flagship Hedging Strategy
This one-of-a-kind strategy combines the benefits of Rebase’s force multiplier effect and Real Yield’s sustainability. It helps users to protect against downtrends and amplify yield rewards during market up trends.
First token, additional rebasing tokens, or
rebase-enabled tokens can be added in the
future.
$AMPL
Novel Leverage Effect
Those who choose to hedge assets with the Vault can get “leveraged” returns when markets are generally in an uptrend. This is without liquidations and margin calls. The more deposits in the Vault the higher the leveraged effect.
First token, additional rebasing tokens, or
rebase-enabled tokens can be added in the
future.
$AMPL
Variable APR
Based on this model APR for the Vault can vary depending on usage. This means 0.7%, 7%, 70%, or 100+% APR are all possible. APR will depend on how depositors choose to engage with the Vault long term.
First token, additional rebasing tokens, or
rebase-enabled tokens can be added in the
future.
$AMPL
Basic Workflow
Initially utilizes both OG rebase tokens $AMPL and $OHM. And its own token $EEFI…
First token, additional rebasing tokens, or
rebase-enabled tokens can be added in the
future.
$AMPL
It’s the Interest
Vault activities are determined by $AMPL’s rebase status; when $AMPL’s supply is expanding aka “earning yield”, $EEFI is automatically purchased and burned daily using this “Interest” earned on deposits. This causes the ‘leverage effect’ and is reflected in $EEFI’s value. When AMPL supply is stable or contracting, $EEFI is minted
First token, additional rebasing tokens, or
rebase-enabled tokens can be added in the
future.
$AMPL
More Rebase-enabled Tokens…
$AMPLs pioneering rebase states [Positive | Negative Rebase] are used to define uptrends and downtrends. These states can now be added to any erc20 token and henceforth those rebase-enabled tokens can be added to this strategy (subject to governance)
Yield Received: $pEEFI, EEFI
We’re monetizing volatility! Launched in partnership with Peapod Finance, the EEFI Peapod Vault monetizes the volatility within the EEFI market and returns passive EEFI yield to depositors from it. Clever stuff! How do you benefit? It’s simple. Deposit and wrap EEFI, receive pEEFI and earn more EEFI over time. All LP fees go to buy and burn EEFI…
Get StartedYield Received: $???
Your ideas are wanted. What type of unique Vault would you like to see added to the EEFI ecosystem flywheel? A meme Vault, an AI vault, a copy trader Vault? We like vaults that bring the crypto community together from all walks of life to deposit and earn. You got one? Let us know!
EEFI is the special rewards token of the protocol that is minted and distributed in a decentralized fashion. It produces amplified yield during uptrends and protects from downside action during downtrends.
EEFI: 0x857FfC55B1Aa61A7fF847C82072790cAE73cd883
170,000
Estimated ~70-80k by late 2024
Protocol’s native utility |
rewards token
Can be highly deflationary
during market uptrends
Token can be viewed as an index of all strategy
performance on the protocol
Promotes hyper social coordination around all
strategies on the protocol (E,E) (makes hedging fun
and working together produces more benefits to all
vault users)
EEFI’s utility will expand as more strategies are
added to the protocol.
Remember (3,3) at its core was about social coordination. Or, people working together to achieve a common outcome or goal. (E,E) is the same. But with (E,E) people are working together not to grow a robust treasury that would back a decentralized stablecoin but instead to establish the first ever decentralized amplified yield token… $EEFI. A token that can produce yield in any market condition.
To achieve this (E,E) has everyone work together by interacting with and supporting its ecosystem flywheel: Vaults, Bonds, Markets and other components. Interaction with the (E,E) Flywheel will help build a treasury of what we term high quality “growth assets”. Assets that are revenue bearing, interest bearing, Real Yield bearing or Rebase bearing. Where the ‘growth’ aka the yields of these assets are used to act as long term decentralized leverage on EEFI’s value. This is (E,E). This is sustainable. This is the UPGRADE.
EEFI Bonds
Purchase. Lock up. Get Discount
Vault
Deposit + Earn
LP Positions
Yield Farming
Funding raised acquires Growth assets
OHM Treasury Strategy
Deposit + Earn
Markets
Trade + Arb (Fees)
Yield From Growth Assets
Fees. Revenue. Yield to Treasury
EEFI Furnace
Buy + Burn EEFI
YOU
(Flywheel)
Interact
Elastic Protocol will continue to pioneer an expanding ecosystem of yield strategies that will cater to DeFi users across a range of blockchains, communities, and interests. Each will help in generating sustainable yield and expanding the utility of the rewards token $EEFI. Here is some of what we are planning and looking into:
24 NFTs
These are strategies that will explore other Real Yield ecosystems outside of Olympus DAO. For exampleGMX- the leading leverage platform that distributes 100% of fees. We are also looking at Vela Exchange, Gains Network and many others on Arbitrum.
Platforms:
24 NFTs
We welcome NFT-Fi which is beginning to emerge in crypto. These strategies will let you ‘mint to yield’ on different protocols, perform leverage trades, cross-chain swaps, and multi-collateral multi-chain loans all with a single NFT.
Platforms:
24 NFTs
Options are finally having its day in crypto. Platforms like Ribbon Finance are making it dead simple for users to access crypto structured products, specifically Option Vaults. Yield strategies can be built around this infrastructure.
Platforms:
24 NFTs
With Bonds and Bonding being made popular by Olympus DAO we will continue to develop strategies that expand into their Real Yield econOHMy and Bond Protocol. We are also looking at Liquity’sChicken Bonds which has developed a way to get amplified yield and optimized yield strategies.
Platforms:
24 NFTs
RWAs. Many are paying attention to the growing trend of DeFi protocols tokenizing US T-bills on-chain. The buying of short-term treasuries off-chain through a KYC'd counterparty, and transferring the yield to on-chain participants. There is ample opportunity for us here…
Platforms:
24 NFTs
The bread and butter for risk aversion and surviving bear markets. These strategies are well known and can benefit our users or the Elastic Finance DAO treasury
Platforms:
24 NFTs
Traditional yield strategies that take direct stablecoins and all non-rebasing token deposits. These strategies may include leverage.
Platforms:
24 NFTs
Enabling collateralization and borrowing for $EEFI will open the Elastic Protocol to its own native EEFI strategies where the token can directly be used as collateral or deposits
Platforms:
24 NFTs
Allows AI to perform yield strategies that are automated across different blockchains. We are paying attention to the trading bot space as this may be a key to effective Ai yield strategies
Platforms:
Olympus Partnership Beginning 2023
