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Cega launches new feature VTM to enhance investment flexibility

Sep 24, 2024 22:19:55

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ChainCatcher news, according to CoinDesk, the DeFi derivatives protocol Cega has announced a new feature that allows users to manage their investments more flexibly and respond to changing market conditions. Cega stated that the Vault Token Market (VTM) will enhance the liquidity, utility, and flexibility of users' investments.

Cega allows users holding USDC to earn yields without actively managing their positions. Users deposit USDC into the vault, which employs strategies around fixed-income notes and put spreads to generate substantial returns. Vault participants will receive Cega vault tokens representing their financial position in the strategy.

Each vault's strategy runs for 27 days, starting every Wednesday at 1:00 UTC, simplifying the investment process. However, for issuers, this means their USDC is locked in the vault for 27 days, making the funds inaccessible. This liquidity barrier limits users' ability to respond to market changes and meet financial needs. The VTM (Vault Token Market) addresses this issue by allowing users to exit early.

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