NIL Protocol

ETH Yield

Users who are looking for a highly competitive return on their ETH can deposit on NIL as a Writer to earn yield that is non-correlated with ETH borrowing demand, does not express a directional view on token prices (vs ETH), and does not require them to hold anything besides ETH.
Similar to several popular decentralized option vault (DOV) products, NIL offers Writers a simple way to earn returns from volatility selling investment strategies.
For a more detailed overview of the Writer use case and user flows, please refer to Writers.