Two New Ethereum Farms - 3/27/21
Whiteheart is a way to hedge your ETH and WBTC from downside risk. It's an at the money put on your holdings, and it's backed by USDC (stablecoins). You can pay a fee and protect your ETH or WBTC from losing money in a drawdown.
https://whiteheartdefi.medium.com/whiteheart-alpha-mainnet-release-b519ac15a938 If you buy WHITE you can stake them and earn fees sWHITE here: https://www.whiteheart.finance/#/stake/stake Seems like a long term play, but the founder is big in the options game with Hegic and has a big following so this could be a nice way to earn if you believe this catches on! Seems we’re in a risk on environment so only the biggest brains are concerned about prices going down.
Twitter thread:
Ethernity is a way for ERN holders to stake them and earn STONES. STONES can be redeemed for the first digital collectibles on the platform. They require a login (email/password) and $8m has been staked already in the ERN contract. This isn't really my thing, but if you're into these, have fun: https://ethernitychain.medium.com/ethernity-stones-beta-farming-is-now-live-4461143f2574