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Boop.Fun leading the way with a new launchpad on Solana.
The first GammaSwap yield token, gETH, is live on Base!
Earn yield with replicated spot exposure and help power onchain liquidity!
The gETH token provides market leading ETH yield by providing liquidity into Uniswap V3 and hedging Impermanent Loss (IL) using the GammaSwap protocol.
The gETH token retains delta neutral exposure to $ETH with fees compounded each block.
Yield tokens make providing concentrated liquidity simple. To enter into a position, simply select the amount of WETH you would like to deposit, wait for the 24h deposit window to complete and claim your gETH.
That's it. The position automatically accrues yield like an LST!
Since gETH is fully composable, once integrations are set up you can
• Trade yield on Pendle
• Collateralize debt positions on Morpho
• Pair with other tokens on a DEX to earn swap fees
It's time to make liquidity great again 🤝
Stay tuned for more yield tokens like gBTC & gUSDC coming soon!
Small things to note: TVL will update after deposits are processed every 24h. Yield is an avg since the last processing window. Yield will likely vary significantly, we will be moving to a 7d moving average for tracking in the future.
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