Announcing cVaults

cSOL Covered Call Vault on Katana

What are cTokens?

Minting cTokens on Solend Protocol

What are cVaults?

How to use cVaults?

  1. Mint cTokens on Solend at https://solend.fi/ctokens
  2. Head to Katana and deposit your cToken into a cVault powered by Zeta: https://app.katana.so/options/call/csol
  3. Earn more yield!

What are the risks?

  • Smart contracts risk.
  • The vault may incur a loss if the price of cSOL is above the strike price of the call options at the time of expiry. If so, the options are deemed to have expired in the money and can be exercised for the cSOL locked by the vault, resulting in a potential loss in cSOL terms for the period. Strike prices are chosen such that these events are exceedingly rare.

Conclusion

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Zeta (ζ) is the premier under-collateralized DeFi derivatives exchange, providing liquid derivatives trading to individuals and institutions alike.

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Zeta ζ

Zeta ζ

Zeta (ζ) is the premier under-collateralized DeFi derivatives exchange, providing liquid derivatives trading to individuals and institutions alike.

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