Talos is launching Deep APY (DAPY) which is a consumer facing stable yeild application. It uses Delta neutral strategy and offering 10% stable apy on users deposited funds
Funding rates fluctuate often which can effect the outcome. For this purpose, @talos_is is allocating some of its funds.
Base line is capped at 10%. Apy below this will be compensated through treasury
If APY exceeds the 10% baseline, the 75% of profit will go to the treasury where it will be use to buyback $T and for future benefits
DAPY is set to launch after two months of the proposal submission which is mid of January
Initial TVL of DAPY is set to be 5M$. There will be no depositing and withdrawing fee.
