Breaking down one of the most popular Ethereum toys.
How can we calculate the price in which ETH would have to fall to liquidate the yETH yearn vault?
Thanks Anthony, so is the black hole analogy because you won’t want to close the vault and get your ETH back due to the great APY, and if you’re long ETH it’s all good, or something else?
So if we take take COVER for the amount of ETH we have deposited...does that cover us from liquidation risk ?
What are the advantages or disadvantages of depositing directly through yearn.finance as opposed to zapper.fi?
How the yETH Vault Works - The Daily Gwei #64
How can we calculate the price in which ETH would have to fall to liquidate the yETH yearn vault?
Thanks Anthony, so is the black hole analogy because you won’t want to close the vault and get your ETH back due to the great APY, and if you’re long ETH it’s all good, or something else?
So if we take take COVER for the amount of ETH we have deposited...does that cover us from liquidation risk ?
What are the advantages or disadvantages of depositing directly through yearn.finance as opposed to zapper.fi?