Opyn Has Launched a New Version of Its Treasury Strategy, Crab
In an announcement recently, Opyn, a decentralized options platform, announced that its automated treasury strategy Crab v2 had gone live, allowing users to earn profits by shorting oSQTH when ETH does not skyrocket or plummet.
Per reports, the strategy periodically adjusts its holdings of oSQTH debt and ETH collateral to achieve delta neutrality, which means that the positive exposure of the collateral to ETH exactly offsets the harmful exposure to oSQTH, making the position relatively Exposure to ETH price neutral. If the price of ETH stays the same, then the gains are maximized.
