Strategies

Potential strategies to reference as a quick-start guide to using the Chimp Money protocol.

Congratulations! You've made it this far. Now that you're ready to start using Chimp Money to earn some great yields, let's look at some basic strategies you can follow as a framework for your own investment strategy. We'll break things down by complexity and relative risk, so feel free to mix and match elements according to your own level of experience, investment goals, and risk tolerance.

The strategies described here are intended only to illustrate how to use the Chimp Money protocol and do not constitute financial advice. Always do your own research and make your own decisions with regard to how you use Chimp Money.

Active Strategies

As the Chimp Money ecosystem grows, more complex, advanced, and active strategies will emerge. Once you fully understand the protocol and how all its mechanisms interact, feel free to experiment.

Keep in mind these fundamental aspects of the protocol when you are thinking about how to most optimally balance your portfolio:

1. The Boardroom only prints for SMOOTHIE stakers when the peg is above 1.01.

2. The higher CHIMP is above peg, the more CHIMP is printed for SMOOTHIE stakers in the Boardroom. This makes staking SMOOTHIE more attractive the higher above peg we currently are.

3. Conversely, SMOOTHIE becomes less attractive as CHIMP dips below peg.

Ultimately, the goal of an advanced user of the protocol should be to help maintain the peg. Doing so will result in the greatest rewards for not only yourself as an individual, but for every person participating in the protocol as a whole.

Strategically rebalancing your portfolio to apply buying pressure to CHIMP when below peg, or selling pressure when above peg, can be a very profitable strategy, but is not without risk. As such, this type of strategy is for experienced users only.

The easiest way to earn consistent yields with Chimp Money is always in the autocompounding vaults. Everything they do you can do manually, but require significant time for monitoring and gas fees for every transaction.