Pods, creators of a DeFi platform, announced today that earlier this year, the team raised $5.6M in seed funding to create structured products for crypto-assets. The financing featured investors such as IOSG, Tomahawk, Republic, Framework Ventures, and more.
The first strategy on Pods Yield is stETHvv (Ethereum Volatility Vault). stETHvv is a low-risk product focused on ETH accumulation. It combines Lido’s yield with weekly strangles to earn more every time the ETH price bounces up or down.
Currently, Pods platform users can deposit ETH and stETH into the vault stETHvv (short for stETH Volatility Vault) and be exposed to a low-risk, complex-to-execute strategy in one click.
“At Pods, we are proud of what we have achieved and thrilled to continue building the future of DeFi. I am honored to anno ..
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