Earn Delta-Neutral Yields: dlcBTC Leverages Enzyme Infrastructure on Arbitrum

dlcBTC is utilizing Enzyme's infrastructure to enable delta-neutral yield strategies on Arbitrum, offering new opportunities for dlcBTC and wBTC holders to maximise their returns.

Author

Josiah Makori
September 10, 2024

Unlock the Power of Delta Neutral Yield with Enzyme

Enzyme is a leading on-chain asset management protocol that brings advanced DeFi strategies to users.

With this collaboration, dlcBTC is set to offer a powerful new yield-generating option on Arbitrum's fast and cost-efficient Layer 2 network.

A delta neutral strategy aims to generate returns while minimizing exposure to market price movements, typically by taking offsetting positions in related assets.

The new delta neutral yield strategy is designed to:

  • Provide competitive yields to dlcBTC and wBTC holders

  • Enhance the attractiveness of dlcBTC as an underlying asset

  • Leverage Arbitrum's benefits for faster and cheaper transactions

Why Enzyme?

Enzyme offers a range of benefits that make it an ideal partner for dlcBTC:

  • Customizable vaults: Tailored to specific asset management needs

  • DeFi integrations: Access to a wide range of DeFi protocols

  • Automation tools: Streamlined management of complex strategies

  • On-chain vault pricing: Enhanced transparency and easier integrations

  • SDK's & API's: Flexibility for builders to create innovative products

How to Participate

The delta neutral yield strategy will be available on Arbitrum within weeks. Here's how you can get involved:

  1. Hold dlcBTC or wBTC

  2. Watch for the strategy launch announcement

  3. Deposit your tokens into the Enzyme vault on Arbitrum

  4. Start earning competitive yields while maintaining a delta neutral position

About Enzyme

Enzyme is an advanced on-chain asset management protocol, enabling the creation of decentralized hedge funds, ETFs, and other investment vehicles.

It provides a robust toolkit for fund managers and offers investors access to sophisticated DeFi strategies.

About dlcBTC

As a decentralized wrapped Bitcoin, dlcBTC leverages Discreet Log Contracts (DLCs) and Chainlink's Cross-Chain Interoperability Protocol (CCIP) to provide a theft-proof bridge to cross-chain DeFi, backed by the security of the Bitcoin network. dlcBTC unlocks yield for your Bitcoin in DeFi with the benefit of lower fees and merchant self-custody, empowering users to put their Bitcoin to work.

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