Buy Low and Sell High Examples

Buy Low

With Buy Low, you can buy WBTC with your USDC by choosing a Linked Price that is set below the current market price.

For this example, the current price of WBTC is $42,647 and you want to buy WBTC at a Linked Price of $40,000. You deposit $25,000 USDC into a Buy Low vault which has an APY of 21.90%.

The following scenarios are possible:

Scenario 1: On the expiration date, if the market price at expiration is less than or equal to $40,000 you will receive WBTC at the Linked Price price of $40,000, plus you’ll receive rewards in WBTC, for a total of 0.627 WBTC.

Scenario 2: On the expiration date, if the market price at expiration is above $40,000, your principal will be returned and you’ll earn extra USDC, for a total of $25,080 USDC.

Sell High

With the Sell High, you can sell your WBTC for USDC by choosing a Linked Price that is set above the current market price.

For this example, the current price of WBTC is $42,647 and you want to sell at a Linked Price of $43,750. You deposit 1 WBTC into a Sell High vault which has an APY of 73.28%.

The following scenarios are possible:

Scenario 1: On the expiration date, if the market price at expiration is less than $43,750, you will receive your principal and earn extra WBTC, for a total of 1.0087 WBTC.

Scenario 2: On the expiration date, if the market price at expiration is greater than or equal to $43,750, you’ll sell your WBTC for USDC at the Linked Price of $43,750, plus you’ll receive rewards in USDC, for a total of $44,130.63.