LINK and wstETH Vaults Live on Premia Blue

Trade Options and Earn Yield on LINK and wstETH!

Author

Weka
October 24, 2023

Lo and behold, marines — LINK vaults are now live on Premia Blue.

Trade LINK or wstETH call & put options or deposit into a vault to short up- or downside volatility and earn premiums on top of liquidity mining rewards!

Options allow traders to not only profit from directional moves, but by deploying strategies like Straddles, volatility in general — making them an invaluable tool in the current conditions.

Enter Premia Blue’s LINK and wstETH Vaults:

How to Deposit:

  1. Navigate to app.premia.blue/vaults

  2. Sign in using your wallet and connect to Arbitrum

  3. To sell call options, choose a Call vault. To sell put options, choose a Put vault.

  4. Click “Add” to deposit liquidity

  5. Enter the amount of LINK (or USDC for the put vault) you want to deposit

  6. Accept the transaction in your wallet, and you’re done! Your position is now accruing a proportional amount of PNL and PREMIA Options Liquidity Mining rewards from the vault.

Premia Blue is the first non-custodial options settlement layer with fully customizable options parameters and risk exposure.

Maximize capital efficiency, define your own risk, and optimize fees earned with Premia Blue on Arbitrum!

Reply

or to participate.