ETH+ Looping DeFi Yield Strategy
Last update: August 4rd
Bracket is pleased to present the ETH+ Looping DeFi Yield Strategy
Administrator: Boreal Deposit: Daily Withdrawals: Weekly (t+7) About the Strategy: The strategy is to loop the brETH token on Morpho up to 7x leverage, depending on market conditions. Risk management aims to maximize returns and minimize drawdowns by monitoring on-chain LTV and borrow costs. Typically this is maintaining <86% LTV.
0xdE72B3D479076A230442a8E189F6b3e2EAccaAED
0x1eF942401C74650a54319D4BD67D1CB69F548c96
brETH-L
wETH
Fees:
Performance
15%
Must exceed water mark for positive return
TVL
0.5%
Bracket platform flat fee
Source of yield:
Leverage looping brETH to 7x in Morpho
Enforced Capabilities: Policy Managed Wallet Address: 0xdE72B3D479076A230442a8E189F6b3e2EAccaAED Funds movement is limited by the Bracket Protector for MPC wallets, the Policy Managed Wallet, with Bracket Platform serving as a policy administrator. Neither Bracket nor the fund manager/advisor can unilaterally withdraw funds out of this wallet. Funds are non-custodial and limited to the following protocols, assets, and bridges: Chains: Ethereum
Lending and Other Protocols
The strategy optimizes capital efficiency by deploying assets in:
Morpho - Enhances peer-to-peer lending efficiency
Bracket - Strategy buys the brETH token to leverage loop it on Morpho
Supported Assets
The strategy supports
wETH
brETH
brETH-L
Enforced Deposit and Withdrawal Policies: Note that withdrawals are locked during the NAV update period, 17:30 UTC (1:30pm EDT) + ~2hrs Deposits can be made during the lock period. --
Deposit Request
Daily, submit prior to 17:30 UTC (1:30pm EDT)
Deposit Processed
17:30 UTC (1:30pm EDT) + ~2hrs
Withdrawal Request
Submit prior to 17:30 UTC (1:30pm EDT)
Withdrawal Processed
Daily requests, but rolling weekly schedule. Submit prior to 17:30 UTC, (1:30pm EDT); available 7 days later + ~2hrs for processing
Initial Calendar Example
Initial Deposit Request
TBD
Begins accepting deposits
Deposit Processed
TBD
Cutoff by which time you need to deposit
First Withdrawal Request
TBD
Cutoff to request withdrawal
First Withdrawal Processed
TBD
When withdrawals will be processed and claimable. You'll have to manually claim on platform
-- Disclaimer: Dates listed above may be subject to change with or without notice. Supported assets, wallets, and/or protocols may be updated in line with Changing A Vault's Investment Policy rules. *Target rate for the vault is illustrative and the reported rate will depend on actual performance. Eligible users only, please see Terms and Conditions for more information.
Last updated