Delivering something very special this time!
Top up your holdings on the Altura ecosystem for a chance to win VIP passes to the F1 Silverstone Grand Prix.
Accelerate with Altura 🔽
Safety comes first, especially with so many hacks lately. Altura has remained solid overall.
For rewards, users can choose stable vault deposits with points and leaderboard incentives, while partnerships like Jumper and Layer3 offer lower-risk participation.
Gm
I've backed Altura for quite a few months now, and let me tell you why I choose Altura over any other yield protocol and my personal experiences with a few popular ones
Lets start with the STRC protocols, APYx and Saturn that have STRC backed yield products
Recently, both have given negative returns
Unfortunately when you invest into products like these you take on the volatility of STRC and bitcoin, no matter what someone says, it's the truth and you can see it onchain
APYx's apyUSD (the main product) has yielded about 10% in negative returns right now and Saturn's sUSDAT has yielded negative 5% returns right now
With Altura, you don't take any directional risk, Altura's strategies are delta neutral, which means they don't bet on a side and earn real yield from real economic activity
Now let's move to lending, I don't deposit my money into Morpho, AAVE, Euler or any other lending protocols for 2 reasons
First, the APY for the risk is too low
And second, you're usually lending to other yield protocols, not only against blue chip assets
The recent Kelp DAO hack which created millions in bad debt on AAVE proves my point, even though the lending protocols themselves are great, who you're lending to is likely very vulnerable to hacks
Altura generates 17.5% base yield, the deposited assets are all in seperate places and Altura has insurance covering about 60% of the vault right now (will scale up eventually)
By the way, 17.5% is just base yield, you can easily scale this up to 35%-100% using strategies on Morpho and pendle along with yieldrun rewards, all of which are low risk
This means that you get a good APY for relatively very low risk, there's no single point of failure and you're covered under insurance (which you aren't paying for directly)
We're sending two people to the @F1 🏎️
Win 2x VIP passes to the British Grand Prix in Silverstone this July while your capital grows.
Here's how you become one of them.
Altura is expanding into new regional markets.
We've partnered with @BarkerMoneyX to accelerate transparent yield in China with up to 35% APR on every vault deposit.
The daily rewards pool is live until July 24 and stacks on top of other AVLT-eligible incentives.
~5k USDC in @merkl_xyz incentives just launched for AVLT lending on ETH Mainnet.
Lend USDC against AVLT-backed loans on Morpho and qualify for daily rewards distributed by Merkl.
This opportunity ends on June 19.