Cega Launches Gold Rush Offering up to 83% Crypto Yield with Gold and Ethereum
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Cega launched Gold Rush, a new basket options product offering up to 83% APY yield involving XAUT (gold) and ETH as underlying assets
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It has a safety feature protecting users from a 30% drop in token prices
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Over $2.7 million worth of crypto assets have been deposited into the Gold Rush vault since launch
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Gold Rush sells 27-day put options and distributes the premiums as yield to users
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Even in worst case, users earn more than just holding long positions in XAUT/USD or ETH/USD