LogoLogo
  • 🥚Welcome
    • Introduction to Cega
    • FAQ
  • 💡Products
    • Vault Products
      • Overview
      • Shark Fin Strategy (SFN)
        • Investment summary
          • FAQs
        • Products
          • Bull Shark - ETH Underlying
          • Bull Shark - BTC Underlying
        • Risks and mitigation
      • Dual Currency Strategy (DC)
        • Investment summary
          • FAQs
        • DCS Rotation
        • Products
          • ETH Dragon
          • ETH Elephant
          • ETH Whale
          • stETH Dragon
          • stETH Elephant
          • stETH Whale
          • USDC Dragon
          • USDC Elephant
          • USDC Mammoth
          • USDe Elephant
          • USDe Whale
          • USDT Dragon
          • USDT Elephant
          • DAI Dragon
          • DAI Elephant
          • WBTC Dragon
          • WBTC Elephant
          • Pendle Ether.fi YT Tiger
        • Risks and mitigation
      • Pure Options Strategy (PO)
        • Investment summary
        • What options strategy is traded?
        • Products
          • Gold Rush
          • L2
          • Insanic
          • Gotta Go Fast
          • Supercharger
        • Risks and mitigation
      • Bond + Options Strategy (B+O)
        • Investment summary
        • Products
          • Cruise Control
        • What options strategy is traded?
        • Understanding the structure of a fixed coupon note
        • Payoff scenarios
        • Risks and mitigation
      • Leveraged Options Strategy (LO)
        • Investment summary
        • What options strategy is traded?
        • Payoff scenarios
        • Risks and mitigation
    • Backtesting
      • Historical Probability of KI (FCN)
      • Backtesting Appendix (FCN)
      • Backtesting Appendix (DC)
      • Backtesting Appendix (SFN)
  • 🙋‍♂️User Guides
    • Getting Started
      • Getting Started - Arbitrum
      • Getting Started - Ethereum
      • Getting Started - Solana
    • Depositing
    • Monitoring your Investment
    • Withdrawals & FAQs
    • Withdrawing Using Multisig - DCS Vaults
    • Selling Vault Tokens
    • Buying Vault Tokens
  • 🔍How Cega Works
    • Glossary
    • Options 101
      • Options vs Derivatives
      • Introduction to Options
      • Introduction to Exotic Options
    • Cega's APYs Explained
    • Vault tokens
    • Vault lifecycle
    • Protocol Fees
    • Supported wallets
    • NFT gating
    • Price Feeds
  • 🔒Security
    • Audits and Security
  • 🔗Resources
    • Cega Application
    • Discord
    • Twitter
    • Medium
Powered by GitBook
On this page
  1. Products
  2. Vault Products
  3. Leveraged Options Strategy (LO)

Investment summary

Leveraged Options Vaults (LOV)

What are LOVs?

LOVs are short for Leveraged Options Vaults. These strategies create a higher pay-off for users without requiring external liquidity from which to borrow funds for leverage. In a nutshell, LOVs enter user’s staked assets into multiple baskets instead of one basket (as is the case with a Pure Options Vault). Multiple baskets generate magnified yield.

Investment Summary

  • This vault trades a Pure Options strategy — zero lending is involved

  • Earn up to 120% APY on deposits, yield paid in your deposit asset

  • BTC, ETH, SOL, AVAX, ARB, OP and PAXG underlying assets in basket option

  • Invested capital is protected from loss unless the price of an underlying asset falls by 50% or more during 27 days

  • Invested capital is locked for 27 days

  • Vaults automatically rollover upon expiry to compound returns

Gotta Go Fast

12.7% to 24.4% APY

BTC, ETH, SOL

50%

Insanic

17.2% to 35.8% APY

ETH, SOL, AVAX

50%

Supercharger

12.7% to 39.1% APY

BTC, ETH

30%

L2

26.8% to 54.1% APY

ARB, OP

50%

Gold Rush

48.3% to 55.7%

XAUT, ETH

30%

PreviousLeveraged Options Strategy (LO)NextWhat options strategy is traded?

Last updated 6 months ago

💡