BM goldinis, beras and yield farmooooors and welcome to the inaugaral Goldivaults intern thread.
@goldilocksmoney just deployed their first ever yield splitting vault for @reservoir_xyz's $rUSD stable coin!
TLDR: Many yield, much apr. Strap in, this is gonna be a wild ride.
This is hands down the best BGT yield available rn.
Mixture of OriBGT yield (about 170% apr rn) and fixed apr from the OT (171% apr rn) PLUS trading fees PLUS @origami_fi points PLUS additional RFA incentives from @goldilocksmoney and Origami.
@OrigamiFinance_ 3) Thirdly, if you just want as much exposure to future $oriBGT yield and Origami points as possible, you can just use $iBGT to purchase $oriBGT-YT.
Every YT token gets ~20x origami points in addition to all the yield of 1 $iBGT.
We just shipped our yield splitter for @origami_fi's $oriBGT (autocompounding $iBGT wrapper).
Hereโs how you can use it to get the THICKEST possible yield on your $iBGT. ๐
@OrigamiFinance_ 2) Secondly, if you want to play it safe and guarantee yourself a fixed 207% apr right now (higher than current $iBGT staking return), you can simply use $iBGT to buy $oriBGT-OT and hold it to maturity.
Note that you forego any points associated with $oriBGT this way.
Right now, you can go and lock in a guaranteed (checks notes) 208% apr on your $iBGT.
All you need to do is go to the $oriBGT goldivault and use $iBGT to buy $oriBGT-OT at its current market price and hold until maturity. That's it.
Note that liquidity is thin, but not for Long! (laughs maniacally).
@goldilocksmoney@origami_fi@0xoogabooga@steerprotocol 5) That's it!
As soon as liquidity incentives start rolling (very soon), you'll be earning
(i) $oriBGT yield,
(ii) trading fees,
and
(iii) extra liquidity incentives.
And as soon as the vault hits 100k TVL, RFA incentives will be used for a dedicated rewards vault.
@goldilocksmoney just shipped their yield splitter for @origami_fi's $oriBGT (autocompounding $iBGT wrapper).
The vault lets users trade the future points and yield of the underlying assets (threads on points and yield speculation thoooon).
Here, we'll walk through how to earn THICK extra yield by providing liquidity for the vault. The process will be streamlined very soon, but here's how you can get in day 1.
Goldilocks made a video.
No, not a vibe check, but an educational video for the beras who can't read.
Goldivaults explained in under 3 minutes.
So easy even napzilla will get it.
See for yourself ๐