Comment on page

Overview

Cega is building the premier suite of exotic options products for investors. Please refer to our options strategies below offering strong, varied risk-reward profiles below.
​
Cega’s Vault Strategies in a Nutshell
1. Pure Options Strtagey
2. Bond + Options  Strategy
3. Leveraged Options Strategy
4. Dual Currency Vaults
Generates yield from options premiums only without bonds, per some investor strategies
Trades Cega’s inaugural note product; strategies cater to conservative market outlook
Experienced DeFi users looking to diversify portfolios and get high return with just an option position
Maximise yield on alternative assets while seizing the opportunity to acquire at a discount or sell for a profit.
​
​
​
​
​
​
​
​
​
Deep Dive
The four types of products offer strong risk-reward profiles meeting different investor preferences.
 
1. Pure Options Strategy
2. Bond + Options Strategy
3. Leveraged Options Strategy
4. Dual Currency Strategy
Options Strategy
Fixed Coupon Note
Fixed Coupon Note
Put Spread
Dual Currency
Deposit & Yield Asset
USDC
USDC
USDC
ETH, stETH & USDC
APY
3%  to  60%
5% to 12%
20%  to  135%
22% to 51%
Price-drop 
Protection Barriers
Up to 50%
(e.g. BTC falls to ~$10K)
Up to 90%
(e.g. BTC falls to ~$2K)
Up to 50%
(e.g. BTC falls to ~$10K)
-
Underlying Assets
BTC, ETH, SOL,  AVAX, ARB, OP, LDO, RPL & stETH
BTC, ETH, or SOL
BTC, ETH, SOL,  AVAX, ARB, OP, LDO, RPL & stETH
ETH & stETH
Risks
Incur losses if asset prices fall past barriers.
Smart contract risk.
Lend capital to market maker (credit default risk).
Incur losses if asset prices fall past barriers.
Smart contract risk.
Leveraged returns risks bigger loss in some scenario.
Incur losses if asset prices fall past barriers.
Smart contract risk.
​
The deposit currency may be converted at a rate that is less optimal than the market rate, diluting potential upside.
Smart contract risk.
​

1. Pure Options Strtagey	2. Bond + Options Strategy	3. Leveraged Options Strategy	4. Dual Currency Vaults
Generates yield from options premiums only without bonds, per some investor strategies	Trades Cega’s inaugural note product; strategies cater to conservative market outlook	Experienced DeFi users looking to diversify portfolios and get high return with just an option position	Maximise yield on alternative assets while seizing the opportunity to acquire at a discount or sell for a profit.

	1. Pure Options Strategy	2. Bond + Options Strategy	3. Leveraged Options Strategy	4. Dual Currency Strategy
Options Strategy	Fixed Coupon Note	Fixed Coupon Note	Put Spread	Dual Currency
Deposit & Yield Asset	USDC	USDC	USDC	ETH, stETH & USDC
APY	3% to 60%	5% to 12%	20% to 135%	22% to 51%
Price-drop Protection Barriers	Up to 50% (e.g. BTC falls to ~$10K)	Up to 90% (e.g. BTC falls to ~$2K)	Up to 50% (e.g. BTC falls to ~$10K)	-
Underlying Assets	BTC, ETH, SOL, AVAX, ARB, OP, LDO, RPL & stETH	BTC, ETH, or SOL	BTC, ETH, SOL, AVAX, ARB, OP, LDO, RPL & stETH	ETH & stETH
Risks	Incur losses if asset prices fall past barriers. Smart contract risk.	Lend capital to market maker (credit default risk). Incur losses if asset prices fall past barriers. Smart contract risk.	Leveraged returns risks bigger loss in some scenario. Incur losses if asset prices fall past barriers. Smart contract risk.	The deposit currency may be converted at a rate that is less optimal than the market rate, diluting potential upside. Smart contract risk.

Products - Previous

Vault Products

Dual Currency Strategy (DC)

Last modified 4d ago