Perpetual Protocol Liquidity Provision Strategy (Public)

Risk Category: High

FOR HIGHTABLE NFT HOLDERS: THIS STRATEGY IS THE SAME AS THE CONCENTRATED LIQUIDITY PROVISION STRATEGY.

Vault Information

Maximum fund size: 2,500,000 $USDC Asset Token: $USDC ShareToken: $OPTEA+P $OPTEA+P Token contract Address: 0xee1E02609a480BDC9D9651C200D90222b6691f03 Deposit and Withdrawal Period: Tuesdays 17:00 UTC+8 – Mondays 17:00 UTC+8 Locked Period: Mondays 17:00 UTC+8 – Tuesdays 17:00 UTC+8

Summary

This is the "public" version of our high-risk Concentrated Liquidity Provision Strategy, which was originally only available to HighTable NFT holders. Through a partnership with Perpetual Protocol, we made this strategy available to non-holders as well!

This strategy allocates 100% of user-deposited funds to providing concentrated liquidity on Perpetual Protocol to earn trading fees as well as $OP and $PERP rewards.

For more information about this strategy, please refer to Concentrated Liquidity Provision Strategy.

Fees

Teahouse will assess Platform Fees, Management Fees, and Performance Fees for the Perpetual Protocol Liquidity Provision Strategy:

Platform Fees

0.1% to enter, 0.2% to exit.

e.g. I initially invested 1,000 $USDC, and upon exit, I have 1,500 $USDC. I will have paid 1,000 * 0.1% = 1 $USDC at entry and 1,500 * 0.2% = 3 $USDC at exit, for a total platform fee of 4 $USDC.

Management Fees

1.7% APY for Teahouse using exit value.

e.g. I invested 1,000 $USDC, and 1 week later, $OPTea+P Token value increased to 150% of the original. When exiting after a week, I will incur 1.7% * 1,500 $USDC * 1/52 = 0.49038461 $USDC. Alternatively, if it takes a full year to reach 150%, then I will incur 1.7% * 1,500 $USDC = 25.5 $USDC.

Performance Fees

20% of profits made.

Disclaimers

Your friendly Teahouse Hosts would like to remind you that nothing contained on this website should be construed as financial advice. Teahouse makes no guarantees, express or implied. Please note the high-volatility nature of cryptocurrencies and DYOR. Be responsible for your actions and beware of scams.