origin-dollar icon indicating copy to clipboard operation
origin-dollar copied to clipboard

Base Chain WOETH strategy (via swaps)

Open DanielVF opened this issue 1 year ago • 1 comments

Objective

We want to allow the OETH Vault on Base to deposit ETH to OETH on mainnet and earn yield from it. This strategy just sits on a pile of bridged from mainnet wOETH. The value of this wOETH goes up as the exchange rate of bridged wOETH goes up.

To move WOETH into and out of this strategy, the strategist can swap WOETH for WETH, or WETH for OETH, at the current WOETH exchange rate.

Quick Summary

Deposits: Accepts WETH from Vault Withdraws: WETH to Vault Reward Tokens: None Supported Assets: WETH Check Balance: Returns value in WETH. WETH held + WOETH held * exchange rate Default Strategy: No

DanielVF avatar May 20 '24 12:05 DanielVF

I can handle this issue, Can you please assign?

pwollemi avatar Mar 11 '25 12:03 pwollemi