CryptoCurrencies
19412
Exchanges
500
Total Market Cap
3,390,408,603,174
Volume 24h
286,853,031,734
Dominance
BTC 53.87%   ETH 11.02%   USDT 5.42%   XRP 3.80%

eETH ARM LP Token
ARM-WETH-EETH

3096.9
$
0.85 %
Change 24h
Market Cap
$ 182,719
Circulating Supply
59
ARM-WETH-EETH
$
# Exchange Pair Price Volume 24h

Description

The Origin Etherfi ARM is a vault that purchases Etherfi's eETH when it goes below its ETH peg and puts it through Etherfi's redeem queue to earn an arbitrage profit. The ETH is then recycled back to purchase more eETH. If purchasing eETH below peg is not possible, the vault lends the ETH to a lending market to earn a baseline yield. The ARM helps keep the eETH LST pegged to ETH while also earning a yield for liquidity providers. Developed by the team at Origin Protocol.