Largest risks:
- Ether falls too quickly in price and the Maker Vault is liquidated.
- Smart contract bug makes everyone lose their pants 
Show this thread
Want to know exactly how the new @iearnfinance yEth Vault generates profit? This is how.pic.twitter.com/3QAL0dcTvU
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
- End of conversation
New conversation -
-
How big is the buffer to prevent liquidation?
-
Vaults rebalances to always be at 200% collateralization (liquidation is at 150%)
End of conversation
New conversation -
-
-
Leaves out a bit about earned DAI (from curve pool) being sold for ETH
-
But that's only if collateralization goes over 200%, right?
- Show replies
New conversation -
-
-
But Sir, this Classic example should make more Profit Maker Vault -> ETH -> Dai -> ETH -> Repeat
-
No, that's just leverage. You don't earn fees.
End of conversation
New conversation -
-
-
Very nice. Please can someone explain how the yYFI vault generates profit?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.