British Virgin Islands, 15th December 2023, ZEX MEDIA, TIE Finance, the cutting-edge cryptocurrency platform, is thrilled to announce the official launch of its first vault – the ETH leverage strategy.
This will be the first of a list of vaults created with the specific goal of empowering users to reap higher and more stable yields from their assets – no matter whether during bull, bear, or sideways markets.
As the vault goes live, the TIE team is currently working on a long-term plan to grow its community and benefit users. Read on to find out how to maximize your returns!
A New Way of Investing: TIE Finance Vaults
TIE is supported by experienced developers who, over time, have observed a significant gap within the web3 industry. While opportunities are plentiful, only astute, full-time users can capitalize on them. Meanwhile, many community members grapple with challenges such as high gas fees, concealed risks, volatility, and the inherent complexity of an evolving field.
From lending to staking and providing liquidity, crypto operations are indeed costly and potentially risky for individual users having to manage them manually. At the very least, they require time and effort to monitor the market and stay abreast of new developments.
Catering to such a community is precisely the goal of TIE, which is why engineers have developed several automated, fully decentralized vaults coded to invest funds in strategies of varying complexity.
These are meant to extract reliable yields with minimum effort and can be seen as structured products allowing anyone to gain returns from investments that would normally require professional knowledge and deep commitment to the market.
Unparalleled Accessibility and Flexibility
Thanks to TIE’s automated vaults all users have to do is choose a strategy and provide the underlying assets. All other operations are managed by smart contracts to ensure top efficiency and security, while a team of veterans keeps track of market developments and chases opportunities on users’ behalf.
Leverage ETH to the fullest
The first strategy that the TIE team intends to deploy is based on leveraging ETH.
Ethereum’s transition from proof-of-work to proof-of-stake with ETH 2.0 brought about staking rewards for ETH holders, with Lido acting as an intermediary for stakers and eliminating the need for them to run validator nodes.
With this in mind, TIE Finance has developed an automated strategy that involved staking ETH in Lido to generate stETH (a transferable rebasing token representing a share of total staked ETH), borrowing additional ETH against stETH, and staking the borrowed ETH once again.
Repeating this loop — hence the name “looping” — has the potential to yield significantly higher returns compared to traditional staking.
Join TIE Finance Today
More strategies will be deployed over the coming weeks, alongside campaigns designed to incentivize users to join our community.
To stay updated and put asset to the best possible use, follow TIE Finance (https://www.tie-finance.io/) and get in touch on their social media channels.
About TIE Finance
TIE Finance is a leading cryptocurrency platform committed to providing secure, accessible, and innovative solutions for users to manage their digital assets. Its protocols have been audited by Veridise and passed the test with excellent results.
With a focus on innovative ways to develop yield farming, TIE Finance is at the forefront of shaping the future of the crypto landscape.
Contact Information
TIE Finance
Twitter: https://twitter.com/Tie_Yield
Website: https://www.tie-finance.io/
Discord: https://discord.gg/nJttuP7pDd