SteadefiSDY

Steadefi has two main types of vaults: Lending Vaults and Strategy Vaults. Strategy Vaults borrow assets from dedicated Lending Vaults to carry out their determined yield strategy, which usually involves leverage and hedging of volatile assets while deploying liquidity to protocols that generate yield. The diagram below shows an example of how several Lending Vaults provide assets (WBTC and USDC in this example) to a Delta Neutral Strategy Vault, which borrows the assets for leverage and hedging while deploying them to GMX to earn yield.