Chainwire
Cega Unveils Innovative DeFi Shark Fin Products
Cega's launch aims to offer unique solutions for investors seeking structured products in the DeFi space.
Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more ›
Singapore, Singapore, June 25th, 2024, Chainwire –ย Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offeringโShark Fin vaults.
Cega aims to address a gap in the market for conservative investors and DeFi lenders that want to outperform existing lending rates, while protecting their principal and maintaining a delta-neutral profile. The โBull Shark” vaults deliver on both these objectives. In addition, Cega supports deposits of native assets or staked assets for investorsย looking to keep their upside potential.
The innovative Bull Shark BTC and Bull Shark ETH vaults offer 100% principal-protected notes with lending and options components that seeks to deliver a high bonus yield and guaranteed minimum yield, regardless of market swings or downturns.
Introducing Bull Shark BTC and Bull Shark ETH
Cega’s new investment products bring the traditional “Shark Note strategy to the DeFi cryptocurrency market. Both the Bull Shark BTC and Bull Shark ETH vaults offer:
- 100% Principal Protectionย โ Deposited funds principal-guaranteed.
- Guaranteed Yieldย โ Users can earn a potential minimum guaranteed yield.
- High Bonus Payoutsย โ Opportunity to earn higher APYs if crypto prices stay within a predetermined range upon maturity.
- Strong Backtestingย โ Past backtests reflect high probability of receiving bonus “in-fin” payout.
- Maintain Upsideย โ Users can deposit and potentially earn in the same crypto asset, preserving their upside potential on ETH, stETH, or stables.
Understanding Shark Notes
There are two main types:
- Bull Shark Noteย โ Provides participation in price increases with capital protection.
- Bear Shark Noteย โ Linked to price decreases with similar capital protection.
Cegaโs inaugural launch of Shark Fin products features two Bull-type shark notes. The protocol plans to continually expand product offerings to provide investors with infinite views on the market.
About Cega
Cegaย is a DeFi structured investments platform that tailors TradFi’s investment strategies for the DeFi marketplace. To date, the project is responsible for nearly $500 million worth of trading volume.
Championing transparency, security, accessibility, and potentially high-yield opportunities, Cega seeks to represent the vanguard of the next evolution in decentralized finance.
The protocol is backed by top investors including Dragonfly Capital and Pantera Capital.
Connect with Cega
For more information, users can check Cegaโsย websiteย as well as itsย Discordย andย Xย page.
Contact
Mr
Jamie Kingsley
Cega
[email protected]
Share
Broadcast your project news with guaranteed coverage on industry-leading publications like CryptoSlate.
CryptoSlate has partnered with Chainwire to deliver press releases distributed across numerous crypto media sites, including Cointelegraph, Decrypt and The Defiant.
Chainwire has been used by over 800 brands and PR agencies worldwide.
Get Started with Chainwire
