ETH-3pool CDP

Leveraged strategies on POS Ethereum to reduce fees.

The first CDP that Lucidly will support will have ETH and 3pool LP tokens as collateral.

The ETH in the collateral is to be deposited in Instadapp Lite vaults to earn yield from staking. Learn more about the strategy and risks here.

The other asset will be DAI/USDC/USDT, which will be deposited in the Curve 3pool to earn yield from fees. The LP tokens will be deposited in Convex to earn CVX and CRV rewards. Earned tokens are harvested, sold for more 3pool LP tokens which are deposited back into the CDP.