Index yield farming in DeFi with Oh!

Leveraged borrowing

  • If ETH climbs in value, you can service your debt and get a nice profit in return when you claim your collateral back, much more than if you didn’t borrow. Let’s say you didn’t borrow and you sold your ETH initially valued at $10k for $20k, which means $10k profit. By borrowing, the total value when you sold would have been $30k, you would made $15k profit after servicing your debt, reclaim the lended ETH and sold that as well.
  • ETH drops in value. You can’t service your debt and the platform gets to keep your collateral by automatically setting some thresholds, you have been “liquidated”.

TVL and Incentives

What does Oh! Finance do?

  1. Indexing! Our primary product works by leveraging multiple underlying protocols, Oh allows users to balance their risk profile across multiple high yield outputs, and balances across those components. This also provides a tax advantage, in that your investment into the platform won’t trigger exit fees or taxable events incurred by manually balancing your portfolio.
  2. By putting your USDC.e in the Oh! Finance product, it replaces you as a human, to take advantage and optimize on your behalf balanced yield returns on underlying components such as Banker Joe, Benqi, Curve Finance, Aave as introduced by the team and DAO. This approach balances risk and return, along with tax strategy for those looking for steady appreciation of stable coin assets.
  3. Oh Finance strategies involving lending and leveraged borrowing, the current roadmap and upcoming strategies only use USDC.e or stable tokens. This is for both as collateral and as borrowed assets again to minimize risk.
  4. Looking forward, Oh plans to release strategies that have some light leverage on stable coins, for higher performing APYs for those looking at slight different risk profiles, but to retain the ability for indexing and tax event planning. These strategies are being tested and the team is excited to release!



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