BTC Super Staking
Highest BTC real yield in the crypto space.
Last updated
Highest BTC real yield in the crypto space.
Last updated
BTC Super Staking empowers Bitcoin holders with a robust liquidity-enhancing strategy, improving decentralized exchange resilience, especially on Jupiter Perp DEX.
We acquire JLP and precisely hedge against ETH and SOL exposure, while re-establishing a full 100% BTC position via wBTC purchases in the spot market.
Let’s explore the key sources of yield for the staking vault:
JLP fees — 47.98% APY as of 11/11/2024 (75% of trading fees, borrowing fees, mint / burn fees, liquidation fees from traders trading on Jupiter Perp DEX)
Funding fees from Perpetual Shorts on ETH and SOL (Longs usually pay shorts perps funding) — ~40% APY and ~15% APY respectively on ETH and SOL as of 11/11/2024
Combined, these sources deliver the yield, allowing you to gain pure BTC exposure and secure consistent rewards.
Wrapped Bitcoin (wBTC) is a tokenized version of Bitcoin (BTC) that operates on other blockchains, such as Ethereum and Solana, pegged 1:1 to Bitcoin’s value. This allows BTC holders to engage with DeFi apps without selling their Bitcoin, unlocking access to a range of protocols and liquidity options beyond the Bitcoin network.
With wBTC, users can move seamlessly between Bitcoin’s value stability and Solana’s high-speed, low-cost DeFi ecosystem. When users want to redeem BTC, wBTC is burned and the equivalent BTC is released, ensuring full transparency and 1:1 backing through on-chain reserves.
Pure BTC staking on common DEXs: ~8% APY
BTC lending on platforms: ~0.5% APY
BTC Super Staking is built to outperform, offering an enhanced yield that traditional BTC staking options can’t match.
Our BTC Super Staking vault applies a 20% performance fee on profits, along with a 1% management fee, ensuring high-performance management with aligned incentives. Fees are calculated monthly or at the time of withdrawal.
To optimize liquidity and returns, deposits come with a brief 1-day soft lock period.
In addition to the risks outlined in this article, we want to emphasize that depositors are fully exposed to BTC’s market performance. This means you have the potential to capture both upside gains and downside losses depending on BTC’s price movements.
https://neutraltrade.medium.com/risks-of-the-jlp-delta-neutral-strategy-294d0899ece4
