ETH Max Yield Index Price Today (Ethmaxy Price Today)
The ETH Max Yield Index ($ETHMAXY) is an ERC-20 structured product built collaboratively by Galleon DAO & Beverage Finance natively on the Ethereum network, enabling traders to gain leveraged exposure on their staked ETH yields via stETH and Aave protocol.
ETH Max Yield Index is our first mainnet structured product and the index provides a 3x+ stETH levered position. As a representation if stETH is paying 5% staking APY while borrowing ETH is
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