About Easy-Earn
Last updated
Last updated
At Teahouse, we understand that DeFi can be overwhelming for some users. That's why we've introduced Easy-Earn – a hassle-free solution designed for those seeking passive income without the complexities of constantly managing liquidity positions, monitoring token prices, and moving assets around to the next new protocol to farm rewards.
Easy-Earn caters to users who want to park their funds and effortlessly earn rewards. On the other hand, our LP and Portfolio Vaults are tailored for more DeFi-savvy users seeking advanced strategies and greater control over their asset management.
This page briefly goes over the essentials of Easy-Earn to give you a basic idea about how it works.
Easy-Earn has its own dApp page (separate from our current dApp) and can be found here → https://easy.teahouse.finance/
Easy-Earn currently offers four distinct vaults by tokens that cover multiple chains:
WBTC on Arbitrum & Optimism
ETH on Ethereum & Arbitrum
USDC on Ethereum, Arbitrum, & Polygon
USDT on Arbitrum
Easy-Earn runs on cycles (or rounds) with locked periods, empowering our strategy managers to pursue long-term opportunities, leverage cross-chain arbitrage strategies, and unlock the potential that would be unavailable with shorter horizons.
For users, this means deposits and withdrawals can only be requested when Easy-Earn vaults are open.
Open periods for deposit/withdrawal requests:
Mondays 13:00 UTC+8 - Tuesdays 12:59 UTC+8
Wednesdays 13:00 UTC+8 - Thursdays 12:59 UTC+8
Fridays 13:00 UTC+8 - Saturdays 12:59 UTC+8
After requesting a deposit/withdrawal, the interface will show “Pending,” which we will process within 48 hours.
Easy-Earn vaults are mostly low-risk vaults (except for ETH Amplifier) designed to generate steady yields. Our seasoned strategy experts meticulously manage these vaults, leveraging a diverse array of carefully curated strategies from Teahouse's comprehensive strategic arsenal.
ETH, USDC, & USDT
Easy-Earn ETH, USDC, USDT utilize diversified portfolios of high-performing managed and permissionless vaults, optimally balancing risk and reward with a target Sharpe ratio exceeding 2 - a prominent metric indicating superior risk-adjusted returns.
Since Easy Earn ETH is transfigured from our existing ETH Amplifier Strategy, this vault will continue to utilize it, but with a lower proportion, lowering its risk contribution (ETH Amplifier Strategy is a high-risk strategy).
WBTC
Easy-Earn - WBTC adopts a more straightforward, yield-generating strategy using protocols like Pendle, Merkl, and GMX to earn yield and rewards. These earnings cover the loan's interest, with the remaining amount serving as the primary profit source.
ETH Amplifier - High Risk
The ETH Amplifier Strategy supplies $ETH on Aave to borrow $USDC for depositing into Curve’s Tricrypto pool or providing ETH-USDC liquidity on Uniswap V3. LP tokens are then staked on Curve for rewards. The primary source of profit is ETH’s price increase and the surplus amount earned from fees & rewards beyond what is used to cover the loan’s interest expenses. To sustain profitability, the strategy closely monitors and maintains the Loan-to-Value ratio of the loan by either making partial debt repayments or increasing the collateral value.
The strategy keeps the ratio within the desired limits using the following two measures: a) Make partial debt repayments (repay debt), and b) Increase the collateral value (add collateral).
Please see the ETH Amplifier Strategy Design page for more details on this strategy.
Please read more about Easy-Earn fees on the Fees page.
To further differentiate our products and cater to diverse user needs, we plan to gradually phase out our Managed Vaults, leaving only our LP and Portfolio Vaults available on our dApp page. If you still have funds in our Managed Vaults, please move them to Easy Earn vaults or our LP/Portfolio Vaults for better yields.
