Curve Tricrypto strategy - long and delta neutral

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What would be alternative of @yieldyak_ and @rage_trade #GLP strategy? Long and Delta Neutral @CurveFinance tricrypto strategy 1️⃣ tricrypto pool weight mechanism 2️⃣ tricrypto Long strategy 3️⃣ tricrypto Delta Neutral strategy 4️⃣ Strategy APR 5️⃣ Strategy management

If not familiar with Curve tricrypto, can go through previous thread 🙏 This explains how TirCrypto consist similar risk of @GMX_IO #GLP twitter.com/StrategySafu/status/1627270566335094787

1️⃣ tricrypto pool weight mechanism tricrypto maintains each assets' weight as 33%, ❇️ when BTC price 🔼, pool is adjusted to less BTC token ❇️ when BTC price 🔽, pool is adjusted to more BTC token while BTC's weight remains at 33%

2️⃣ tricrypto Long Strategy - implementation and exposure 🔸 deposit USDT on Curve for tricrypto and hold 🔸 stake on @CurveFinance, or @ConvexFinance if available ⚠️ 0.3 delta on both BTC and ETH

3️⃣ tricrypto Delta Neutral strategy - reference Taking @rage_trade #GLP delta neutral implementation, supply USDT and borrow BTC & ETH to mint GLP @AaveAave 💠 can execute the same on tricrypto docs.rage.trade/mechanism

3️⃣ Delta Neutral strategy - implementation 🔸 deposit USDT on @AaveAave 🔸 borrow BTC and ETH 🔸 use borrowed BTC & ETH and USDT to mint tricrypto ⚠️ ensure equal USD worth of BTC, ETH, USDT to mint tricrypto for #deltaneutral exposure

4️⃣ Strategy APR - Long 🔹 trading fee - varies from 0.7% to 1.8% depends on chains 🔹 staking yield - varies from 5% to 18% pre-CRV-boosted depends on chains ℹ more stats on $CRV emission from @CurveCap twitter.com/CurveCap/status/1625532410069913603

4️⃣ Strategy APR - Delta Neutral assume maintaining 60% loan-to-value to borrow BTC and ETH on @AaveAave DN strategy can only mint $70 worth tricrypto with $100 fund DN APR take a 30% cut; approx a 35% cut with AAVE borrows

5️⃣ Strategy management 🔸 long strategy - simply buy and hold, just harvest to compound 🔸 DN strategy ✔ maintain health AAVE debt ratio avoiding liquidation ✔ maintain equal USD worth of BTC and ETH between borrows and tricrypto

Curve tricrypto Strategy Summary 🔸 similar to @yieldyak_ and @rage_trade $GLP 🔸 long - buy and forget and no management 🔸 DN - require AAVE to execute and to maintain equal portion assets, debt ratio 🔸DN take ~35% cut from long strategy APR wen long and DN tricrypto vault?