Basis Yield ETH Index

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Explorers

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Contacts

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About the project

The Basis Yield ETH Index from Galleon automates a perpetual basis trading strategy that returns a delta-neutral, levered high yield index to those that hold the token. Built using Set’s integration with Perpetual Protocol on Optimism, BYE contains a fully hedged 2x ETH position, with equivalent spot exposure and short exposure via perps. Holders of BYE will earn a USDC-denominated yield when the funding rate is positive while removing exposure to the price volatility of the underlying asset.

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ICO

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$48 080.06

$3 303.69

General chat EN RU

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