Join Us for YieldFest: Start Earning with New Yield Sources via Hyperdrive Pools
Over the coming weeks, you can expect to see additional yield sources such as LRTs, Morpho vaults, AAVE markets, and many more that will open up fresh opportunities for generating returns
Welcome to YieldFest, a celebration of the new yield sources being integrated into the Hyperdrive Protocol!
Over the coming weeks, you can expect to see additional yield sources such as LRTs, Morpho vaults, AAVE markets, and many more that will open up fresh opportunities for generating returns on your assets with fixed and variable rates—all within your control.
Our team at DELV believes in empowering the DeFi space and we want to make sure liquidity providers, yield farmers, and traders have the knowledge and freedom to take the approach they feel is best for them. And we’re always on the lookout for ways to support the broader DeFi community!
Connecting the Dots
The Hyperdrive Protocol was created by DELV. We launched an instance of the Hyperdrive Protocol to mainnet on behalf of the Element DAO with two initial yield sources—sDAI and stETH. The Element DAO recently passed EGP-34, which engaged DELV as a non-exclusive service provider to start onboarding additional yield sources and deploy to new chains and L2s. (To be clear, other companies may seek to deploy yield sources, just as DELV may implement Hyperdrive for other non-Element DAO projects.)
We’re excited to be selected by the Element DAO to give Hyperdrive users the chance to explore innovative yield opportunities while providing more options to pursue the financial strategies they want.
Come along on the YieldFest journey, help us spread the word, and get ready to dive into a world of new yield!
Join the Party:
Note: This blog post is general in nature and for informational purposes only. It is not legal, tax, investment, financial or other advice, nor is it a comprehensive or complete statement of the matters discussed. It is not a recommendation of an investment strategy and should not be used as the basis of any investment decision.
All transactions and investments involve risk, and past performance does not guarantee future results. Certain complex strategies carry additional risk and are not appropriate for all users. As with any DeFi or crypto position, you may incur losses. You alone are responsible for evaluating the benefits and risks associated with any decision to use Hyperdrive and the risks or concerns with any underlying yield source.
Hyperdrive is not currently available in certain jurisdictions, such as the USA and the UK.