Cega is a Singapore-based company developing a decentralized finance application designed to create derivative contracts as well as consumer-facing staking products for the retail audience.
Cega — is a decentralized derivatives protocol that offers exotic options.
Cega is a Singapore-based company developing a decentralized finance application designed to create derivative contracts as well as consumer-facing staking products for the retail audience.
Cega vaults trade the “fixed coupon note” exotic option which has note (aka bond) like characteristics
This means users lend their capital to the note issuer who promises to return the capital plus yield interest
Cega does not send user deposits to a Credora Maple pool or any Maple undercollateralized lending pool
Cega APYs are real outputs from MM trades, not made up of yield from lending to Maple pools
Cega does not fake its TVL
Cega trades are 20% collateralized
https://cegafi.medium.com/cega-finance-uncovered-80d45279f785
November 25, 2022
Cega vaults trade the “fixed coupon note” exotic option which has note (aka bond) like characteristics
This means users lend their capital to the note issuer who promises to return the capital plus yield interest
Cega does not send user deposits to a Credora Maple pool or any Maple undercollateralized lending pool
Cega APYs are real outputs from MM trades, not made up of yield from lending to Maple pools
Cega does not fake its TVL
Cega trades are 20% collateralized
https://cegafi.medium.com/cega-finance-uncovered-80d45279f785
November 25, 2022