Toros Finance Step-By-Step Guide Done For You
5 Jun 2023 · 11:05
Andy of The Rollup walks through Toros Finance, a protocol built on dHEDGE vaults, in a step by step guide to staking ETH for yield during the 2023 liquid staking boom. The episode covers setting up a vault and the mechanics of dHEDGE-based yield strategies, and situates Toros among the wave of protocols competing to offer Ethereum stakers double digit returns.
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foreign what's going on guys welcome back to the row up YouTube channel uh today's video we're going to talk about something very important in D5 our solution to always having to manage positions and always having to keep track of where your assets are claim rewards compound your yield um figure out you know the best place for cheapest fees highest yields today I'm going to provide you with a seamless layer 2 protocol that is going to allow you to stake ethereum to get delta neutral yield and compete with some of the best yields in the space with additional incentives and a very easy setup process so let's jump into that now and go after it okay welcome guys to
Tauros Finance um Tauros is a automated yield strategy platform built on optimism the guys behind this are uh behind DH as well and and the recent acquisition of M stable so D hedge actually recently acquired M stable and are utilizing uh their Technologies in conjunction with Tauros and D heads so um yeah we're gonna try out Tauros and Dia to show you guys what they've been building big optimism um you know team and and Maxis which we can definitely stand behind because we uh we support all uh all all layer two communities um so here we go um so there's a really
nice yield here on USD uh C uh it's basically their delta neutral yield and also there's some nice yield on ethereum um and of course on stablecoin as well and some different other options basically Taurus Finance vaults um are places where you can go and deposit your Capital into a strategy which will then be um automatically maintained and updated for you almost as if you had like the best yield Farmer on your team uh doing it for you so in in this specific strategy uh it shows how you can provide liquidity and generate a profit on your ease So currently it shows you where the the funds have been
um staked or or deposited and you can see right now the funds in this pool are in in Iraqis wrapped East uh rocket pool East pool so actually if you click on the Vault it'll actually take you to um the website where you can see it yourself um and and kind of see how how this yield is being generated so right now they're generating 7.8 percent but then on top of that um they are they're offering more optimism and potential dehedge yield um here on Taurus so you get 12 So currently 12 and a half percent on staked eth or eth is extremely good that is one of the highest I've seen uh without tons of rehypothecation there's
been tons of different uh new uh liquid staking protocols that have launched kind of this new realm of defy happening right now is the base rate of eth is really starting to be the uh underlying yield capacity that the ecosystem can can generate and now a lot of DJ ends and also really highly educated devs and and productive teams are putting together new Innovative strategies uh to build out higher each yield uh so there's some interesting opportunities for higher e Fields based on this new staked E3 um and again that's what's happening here with with Doro so basically how they work is you deposit some ease so I'm gonna go ahead and deposit some Eve
I'm going to go ahead and do uh point zero zero six so small amount of e I'm gonna go ahead and buy my ethy y yield and it's all on optimism guys so it's very very fast um very very fast so I'm going to pay 36 Cents in gas I'm going to confirm this transaction it's going to happen very quickly okay amazing so I've got the I've got the eth um in my wallet I can actually come down here and add this token to my wallet so I see it in my metamask it'll pop up it'll show me how much East y that I have um and I can add that to my meta mask now guys
um now I'm earning this yield and now also what I can come do is I can click stake and steak will take me to dhedge website so this will take me here um where there's different opportunities to stake so you click stake and it'll take you to dehedge staking V2 But first you can see on optimism etherscan so basically it's the same thing as ether scan on the main net but you can just see what what happened the raptis went into the ethereum yield token you can see the contract for the ethereum yield token the amount of holders transfers et cetera et cetera so you can see different deposits happening over the last couple hours so now that we have our East y tokens we
can do is come here and come to this ethereum yield um token or sorry ethereum yield um Vault and and and basically uh stake with DHT so um what happens when you click stake is you get taken to the site where you shows you all the DHT staking opportunities now again um we saw the yields on these here on Tauros right so you know we we can see the stablecoin yield here eight percent and then you can come to DHT at stake as well so I'm going to connect my wallet and connect
make sure I'm connected okay cool um and so I already have ethy so now I can just go stake I believe create new stake add tokens so basically what you want to do is you choose your ethereum yield tokens okay I have this much and then you would choose the amount of DHT that you're going to stake with it and that's how you get boosted boosted rewards so I'll have to go and get some DHT to be able to to do this stake so a really easy way guys to find tokens especially on layer twos is to go to deck screener you can already see on text screener I have um Trader Joe
popping up back in the Avalanche days but basically on Deck screener I can grab the DHT contract address also you can you can you can do this on their website or in their docs but you just go DHT okay the edge down token um you go here and then you can go Trail and velodrome and boom you click that link it takes you right to the website where you can trade so you don't have to worry about like clicking the the um tokens or adding them in making sure you have the right coin it'll Auto populate for you and then basically you can have the um the tokens that you want to trade ready to trade just give it one sec to load and then yeah looking at DHT price
um oh it had a nice run to start this year really nice run I just really pulled back quite now I expect to probably just sideways here until um just more excitement and liquidity comes to the markets but you know not Financial advice on that front um so we're just going to wrap up here guys I'm just going to grab some DHT and finalize my staking and I think this is just a really short really good video for you guys to participate in I mean if if you have some Eve there's no reason why you uh wouldn't want to participate on um um on this staking opportunity I mean there's it's it's it's it's a really good opportunity um and there's pretty high yields and
again I've worked with the DH team in the past for quite a bit Toros D hedge um you know and yeah I mean from staking to liquidity provision to generating yield anything that you need they've been very helpful uh in communication with me and I'm sorry guys this is uh I see what's going on here sorry about that guys um and so you know if if you were a depositor and talked in the Discord or met with a team you know they would be happy to help you out um and so yeah you know it's really nice that they provide transparency as well for um you know the the uh the where the where the funds are going so I'm gonna
go ahead and do all my DHT prove that it says you know to have an optimal staking ratio they want you to take more DHT which I I get but you know no harm no foul just doing a little bit of staking for this example and then also upping it you know when you when you guys do it on your own accounts um there's a couple quick things here um as we do these transactions so the Tauros takes a fee um of the yield that they generate so basically the optimism that they are giving out as rewards came from the Dow they take um a fee on this so you can see an entry fee and that's it and then a management fee of three percent so it's definitely
more of the crucial one but basically each time they change the trade or uh you know conduct a transaction then uh that they take the fee okay so I've got the dehyd state so now I'm going to go ahead and approve this and I'm what I'm going to get is this nft that represents my state eth or sorry my my DHT State as well as my eth and so basically guys you're taking the market risk of a DHT token while also earning yield from staking it and then you're uh getting a much higher a pretty nice boost of yield on your East stage as well uh without really having to worry about it too much um yeah so it's pretty sweet I'm gonna finalize this steak and jump off thank
you guys so much for watching I hope you gained something from this a really good opportunity to get over to optimism um and and play with this D5 Lego um and get some high yield on your on your ease I know it's nothing like D5 summer it's videos that we used to make 50 apy but really coming down to this base yield of eth getting that safe yield um you know getting those extra rewards and taking you know a a bet in a small small project uh by staking DHT you know it is what it is you can earn the yield there as well um but the really the key focus is enabling that e-staking which allows you to lock in this rate here so
um cheers for watching guys thank you so much and I hope you got something out of this enjoy if you did like comment subscribe we really appreciate it thank you very much