Steadefi’s Camelot Vaults: Performance Review

First 7 Days of Camelot Vault Performance: Lending Vaults, plus Neutral and Long Strategy Vaults built on ETH-USDC & ARB-ETH.
profile photo
Jeff Lam
Image without caption

Report on our Camelot Vaults (First 7 Days)

To view the vaults directly 👉

Lending Vaults

These are the engines that power our 3x strategy vaults. Single staking in ETH, USDC or ARB.
Each one is isolated to the relevant strategy vaults in order to balance out “risk vs reward”.
These APRs also include “yield sharing” from their borrowing strategy vaults.
Image without caption
Utilization is especially high on ETH Lending for ETH-USDC strategy vaults, resulting in a steady uptick in real yield for that vault (shown below in green 👇)
Image without caption
These “real-yield” lending rates don’t include the current bonus incentives in the form of $esSTEADY tokens.
Depositors to the Lending Vaults can then stake in the Farms in order to stack up our token before launch in Q3.
Image without caption

3x Long / Neutral ETH-USDC Strategy Vaults.

These vaults borrow from the ETH & USDC lending vaults above to create 3x leveraged positions.
The 3x Long Vault (ETH in, ETH out) is for users interested in stacking as much ETH as possible.
Image without caption
The Vault Token Value has seen a drop due to its exposure to ETH, but it’s still steadily accumulating more ETH for its users.
The red dot symbolizes a “rebalance” of the vault and this was done in testing before product launch. Our vault keepers will automatically perform a rebalance based on debt ratio or delta 👇
Image without caption
The 3x Neutral Vault (USDC in, USDC out) is for users interested in using the yields to stack USDC without being exposed to ETH market prices.
Image without caption
This vault has been the clear winning choice so far. ETH price (in the dotted line above) has trended downward, but the vault token price has stayed on a steady upward trend by compounding yields.
Reminder: the harvest xGRAIL is being allocated to yield boosting for the vaults, so these APRs will continue to rise!

3x Long / Neutral ARB-ETH Vaults

These vaults borrow from the ARB & ETH lending vaults to create 3x leveraged positions as well.
Note that there is a separate ETH lending pool for these vaults in order to minimize risk for lenders.
The 3x Long Vault (ARB in, ARB out) is for users interested in stacking as much ARB as possible while staying neutral to the price of ETH.
Image without caption
Despite a strong yield APR, this vault has suffered from the downward price action on ARB in the past 24 hours. Again, as above for the ETH-USDC Long vault, the red dots here symbolize “rebalances” which were performed in testing.
This vault is still a good choice for users bullish on the long-term market performance of ARB.
The 3x Neutral ARB-ETH Vault (ETH in, ETH out) is our final feature below 👇
Image without caption
Not to be confused with the pseudo-delta-neutral ETH-USDC vault above (which is actually long on USDC), this vault is essentially neutral to ARB price while going long on ETH.
This option is especially for users interested in stacking ETH through the typically higher yields of a volatile asset pairing.
ETH has dropped in price over the week, though not as much as ARB, hence the slightly better performance than the 3x Long ARB-ETH offering.
And don’t forget that all of these Camelot strategy vaults have $esSTEADY farms! 👇
Image without caption
Interested in any of our Camelot Vaults?
Check them out directly here:
Follow us on Twitter:
Or join us in Discord:
Related posts
post image
Steadefi V3 vaults migration + Liquid Restaking strategy vaults
post image
Steadefi V2 Vaults migration
post image
Details about Steadefi’s esSDY Airdrop Campaign: how to participate, period of campaign, how to earn points and more.
Powered by Notaku