
DeFi Devin | GammaSwap
@0xdefidevin
cofounder & chief degen @GammaSwapLabs
ID: 1542699561457750017
01-07-2022 02:40:23
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.Sam Battenally is right on the money. Providing liq is like selling a perpetual option straddle. It is clunky to execute with a trad option bc of the expiration and difference in delta. In GammaSwap, you can hedge the IL by borrowing from the AMM perpetually Guide below π



I would say there's almost zero protocol incentivizing LPs for CPMM nowadays. But it's actually happening on GammaSwap π½ with ETH-USDC pair: β "Lazy LPing" (just Lping and forget, no monitoring required) β No out-of-range threat β Low IL β Auto-compound β Earn $GS -






My favorite team GammaSwap π½ keeps shipping +Aura vibes like this squad of rowers. Theyβre offering juicy incentives β 46% APY on their LP pool. Iβve been thinking hard about delta-neutral strategies, and DeFi Devin himself shared a simple setup that delivers 37.98% APY
