Cega, Pendle, and Ether.fi Build Restaking Product Using Yield Token for Over 107x Points Exposure

Points

• Collaboration between Cega, Pendle, and Ether.fi introduces a novel yield opportunity.
• Users can restake YT-eETH in Cega to gain points exposure and competitive APY.
• The product targets the billion-dollar restaking ecosystem and YT marketplace.
• Utilizes a “Dual Currency Swap” strategy for potential gains.
• Offers significant points leverage through the Cega 3x multiplier.

A groundbreaking collaboration between Cega, Pendle, and Ether.fi has resulted in a novel restaking product that offers significant yield opportunities and points exposure for DeFi users. This product allows users who hold Yield Tokens （YT） or engage in points farming to restake their YT-eETH in Cega, earning competitive APY paid in YT-eETH and gaining over 107x points exposure via a special Cega 3x multiplier.

This innovative strategy is designed to capitalize on the billion-dollar restaking ecosystem and the fast-growing YT marketplace. By employing a “Dual Currency Swap” （DCS） strategy, users can deposit YT to potentially earn more YT. The vault is configured with a 90% strike level linked to YT-eETH’s forward price, offering yield in YT-eETH if the price remains below the strike or a profitable exit paid in weETH if prices trade at or above the strike.

解説

• Yield Opportunities: The collaboration provides users with a new avenue to maximize returns through restaking, leveraging the strengths of Cega, Pendle, and Ether.fi.
• Market Potential: This product targets a significant market within the DeFi ecosystem, offering innovative solutions for restakers and points farmers.
• Strategic Innovation: The use of the “Dual Currency Swap” strategy enhances the potential for gains, providing a structured investment approach that adapts to market movements.
• Points Leverage: The significant points exposure through the Cega 3x multiplier incentivizes users to engage with the product, enhancing its appeal and market adoption.