⛽Fuel MAXI -[Deprecated]
Earn Drift FUEL with MAXIMUM efficiency!
Do you think Drift’s FUEL drop will be significant? Up to 7.82% of total DRIFT supply allocated this season! Need more FUEL?
Deposit USDC and let us provide you a boost, ~7.5x more FUEL! This vault is for those looking for maximized Drift FUEL rewards, all while your USDC position remains hedged.
How does it work:
First, deposit USDC in the vault. The USDC is then swapped to AUSD on Jupiter, earning a 5x FUEL multiplier.
AUSD is collateralized on Drift, earning lending yield. SOL is then borrowed and swapped into dSOL, earning a 5x FUEL multiplier too while dSOL staking yield and AUSD lending yield cover the SOL borrowing.
This strategy's position of both AUSD & dSOL, strategically leveraged through Drift’s borrow & lending market, provides ~7.5x the FUEL rewards boost for every $1 of USDC you deposit!
https://docs.drift.trade/fuel/overview
What is dSOL?
dSOL (Drift SOL) is a liquid staked Solana (LST) on Drift DEX. If you’re familiar with JitoSOL, think of dSOL as its direct counterpart, but designed specifically by Drift DEX.
What is AUSD?
AUSD is a digital dollar minted 1:1 with USD fiat. It’s designed to be a secure digital currency, utilizing one of the world’s largest custodian banks to secure assets, a big 4 auditor and a top tier fund manager.
Fees & Withdrawals
This vault has zero performance and management fees. The NT team will take a 10% cut of Drift’s upcoming FUEL drop for this vault.
A 1-day withdrawal redemption period applies.
Check Trades Here (Drift)
Deposit Links:
Neutral Trade Website (Main):
Drift Website (Backup):
Fuel MAXI launch date - 28 Feb.
Last updated