Fixed-rate harvester
by maturity, 109 days of sample record
Example, not live
+6.7%
since launch, after trading costs, before the performance feePrice per share, in dollars Starting price $1.0000 Monday settlement
+6.7%Since launch
+2.6%30 days
−2.1%Worst drop
$1.46MIn the vault
402Backers
Is it safe?
What the contract would not let it do, if it were live
- Trades only stETH, USDeOn Pendle, Lido. Any other market is refused.
- Never borrowsEvery position is paid for in full.
- If it falls 8% from its best, it can only cut positionsA fast market can still take it past 8%.
- Never puts more than 50% of the vault in one tradeThe most one market may hold at once.
- Rules loosen only with 7 days' noticeYou can leave on a Monday before a change applies.
The creator has 5.4% of the vault in their own money ($78.9K).
How does it trade?
Locks in fixed yield on Pendle whenever the implied rate runs above the realised one, and rolls at maturity. The closest thing to a bond ladder on-chain.
StyleFixed income
WatchesPendle implied yields, Realised staking yield, Maturities
Decides withRules only
Checks the marketEvery 6 hours
Run byAn independent creator
What would it cost?
For every $100 of profit
you would keep $85
The creator sets a 15% performance fee above your previous high. No deposit or exit fee.