Cega Launches on Arbitrum 💙🧡

Cega
Cega_fi
Published in
3 min readJul 10, 2023

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Today we announce another significant milestone — the arrival of Cega on Arbitrum. This expansion amplifies our presence in the cutting-edge DeFi space, as we bring our unique structured investments product to the growing Arbitrum community. Arbitrum users can now generate safer, superior yields on their USDC holdings using our innovative strategic option structures.

The Journey So Far

Since our launch in June 2022, Cega has emerged as a leading provider of structured investments in DeFi, having processed over $280M in trading volume to date. Cega’s vaults allow investors to earn high fixed yields during volatile market environments while providing strong protection against severe market downturns. The vaults utilize tailored options strategies to generate these higher yields with reduced risk.

The Future on Arbitrum

With the launch on Arbitrum, Cega is excited to bring its innovative and secure vault strategies to a community that prioritizes DeFi innovation.

“Our expansion into the growing Arbitrum ecosystem signifies a proud step forward for Cega in the DeFi ecosystem. Arbitrum’s strong DeFi community fosters a favorable environment for Cega to enter and bring foundational options capabilities as well as cutting-edge derivatives primitives. Cega’s products will help users on Arbitrum gain access to a new kind of return with a strong reward. We’re looking forward to providing Arbitrum users with access to safer, structured investments.” — Arisa Toyosaki, Co-founder and CEO of Cega.

Introducing the L2 Vault Strategy đź’ˇ

In celebration of our Arbitrum launch, we’re also introducing the L2 vault strategy, featuring ARB and OP tokens. Users stake USDC stablecoin to earn USDC yield with an estimated APY of up to 63% APY, downside protection of 50%, and strong backtesting results indicating a low probability (5% chance) to risk losses on invested principal. The L2 vault is a strong solution for those in the Arbitrum community seeking a diversified, risk-managed approach to earning high yields in DeFi while fundamentally supporting the growth of layer 2 blockchains. More information about the L2 vault can be found below.

Words from the Arbitrum Foundation

“The Arbitrum Foundation is delighted to welcome Cega, now a part of the Arbitrum network,” said Anuja Khatri, Head of Growth at Arbitrum Foundation. “As a provider of structured investment products, Cega brings new opportunities to our growing ecosystem. We’re excited to see Cega provide users with new opportunities and further expand the possibilities of decentralized finance. We look forward to the exciting collaborations and possibilities with Cega now a part of the Arbitrum network.”

Looking Ahead

Cega’s arrival on the Arbitrum network reflects our unwavering commitment to expanding the reach and potential of structured investments in DeFi. As we navigate this exciting journey, Cega remains focused on delivering value to the community and reshaping the landscape of decentralized finance. Stay tuned for many more updates and announcements to come. Start your Cega journey today at app.cega.fi.

About Cega

Cega is a decentralized structured investments protocol that helps investors earn high fixed yield on their USDC stablecoin. Cega strategies deliver yield enhancement, principal protection, and more, to an investor’s diversified DeFi portfolio. Now accessible on Ethereum, Solana, and Arbitrum.

Learn more | Twitter | Discord

About The Arbitrum Foundation

The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum. The Foundation oversees the $ARB token and governance structure as well as the Arbitrum Security Council. An Optimistic Rollup, Arbitrum One provides ultra-fast, low-cost transactions with security rooted on Ethereum. Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 65%+ TVL in the L2 segment, with 400+ DeFi and NFT projects are live in the ecosystem to date.

Learn more | Twitter | Discord

Use of Cega’s Portal and Services is subject to the Cega Terms of Service. Access and use of the Cega Portal and Services is subject to a range of risks, including financial risk including potential loss of funds. The Cega Portal and Services are not offered to persons or entities who are U.S. Persons, Restricted Persons, or Sanctioned Persons (as defined in the Cega Terms of Service). Access and use by such persons is expressly prohibited.

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Cega
Cega_fi

Cega is building the next evolution in defi derivatives with the first protocol focused purely on exotic options.