BTC took a 7% dive on 17th August, but guess what. Our nGLP vault absorbed the shock and maintained its Delta Neutral position.

21 Aug 2023, 11:21

BTC took a 7% dive on 17th August, but guess what? Our nGLP vault absorbed the shock and maintained its Delta Neutral position. 🛡 That’s the power of smart DeFi strategies! Take a look how’s our nGLP vault works 👇 /Neutrafinance/status/1693584136555073602/photo/3 /Neutrafinance/status/1693584136555073602/media_tags How to works? When you deposit DAI or GLP, it’s channeled into GLP purchases and @GMX_IO Perp Trading. This dual approach ensures your funds stay delta neutral. 🔄 Earnings Not only are your funds shielded, but you also accrue DAI & esNEU returns. It’s a win-win! 💰 What's Delta Neutral? Holding GLP exposes you to BTC & ETH’s whims. We counter this by opening short positions, effectively neutralizing long exposure. 📊 Rebalancing Act The crypto market is ever-evolving. Our unique rebalancing algorithm adjusts to these shifts, ensuring neutrality remains intact. 🛠 Strategy Spotlight We employ the Tolerance Band — Volatility Model. By leveraging the ATR algorithm, we can anticipate volatility and rebalance proactively, not just reactively. 🚀 Performance Metrics On 17th August, when BTC took that 7% hit, our nGLP vault showcased its resilience. /Neutrafinance/status/1693584136555073602/photo/1 /Neutrafinance/status/1693584136555073602/media_tags Here’s a snapshot of our performance: /Neutrafinance/status/1693584136555073602/photo/2 /Neutrafinance/status/1693584136555073602/media_tags In the unpredictable world of crypto, our strategies aim to offer a semblance of stability. Discover the Neutra Finance difference. 🌊