A delta-neutral strategy that earns stable yield on iUSD while hedging away directional market exposure.
Net APY
AUM (TVL)
$0.00Available: 0 iUSD
Projected Yield
Weekly-
Monthly-
Yearly-
Accepted Tokens
iUSD
Accumulated Rewards
VIP rewards vest over 26 periods of 14 days. Bribes are distributed bi-weekly. Incentive yield is auto-compounded every 48 hours after (at maximum) the first 48 hours of your deposit. All rewards are distributed as iUSD.
dnIUSD
INIT
Cabal Points
Depositors
Points
Vault Strategy
Users deposit iUSD. We borrow INIT against this iUSD on Echelon and deposit the resulting INIT into the xINIT-INIT LP pool, which earns VIP incentives and swap fees. This creates a delta neutral position that generates excess yield. Learn more about our yield components below: