DeFi Protocol Cega’s New Options Product Marries Gold, Ether to Offer Up...

DeFi Protocol Cega’s New Options Product Marries Gold, Ether to Offer Up to 83% Yield

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Source: Coindesk.com

The decentralized derivatives protocol unveiled a high-yield structured product called Gold Rush last week. The basket options strategy involves Tether's gold-backed token, XAUT, and ether as underlying assets and a safety component that protects users from a 30% drop in the tokens' prices.

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The post "DeFi Protocol Cega's New Options Product Marries Gold, Ether to Offer Up to 83% Yield" appeared first here Coindesk.com.

Source: Coindesk.com

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