Rodeo is a decentralized finance protocol that allows its community to earn yield on a range of managed and passive investment strategies on Arbitrum.
At its core, Rodeo has two sides: passive liquidity providers (lenders) earning high, yet safe APR by providing single assets for use by leverage farmers, and leverage farmers who borrow up to 10x to farm real yield strategies. Thus, the protocol enables users to take undercollateralized borrows to increase their positions in vaults and/or yield farming strategies, resulting in higher returns for both active yield seekers as well as passive lenders. Rodeo is introducing a novel collateral system whereby users can stake their yield bearing assets and borrow (with leverage) for use in the Rodeo Farms, thus maintaining exposure to the underlying asset yield AND earning additional yields in the leverage farms.
Rodeo’s vision is to become Arbitrum’s leverage hub for maximizing yield. Enabling users and protocols to become more capital efficient, generate higher yields, and onboard the next generation of DeFi users through a simplified, composable solution
Rodeo Finance History
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accepted into GMX DAO Grants 11 months ago.