Grvt launches GLP strategy: 48% annualized return in half a year, managed by a professional quantitative team.

[Block Rhythm] Grvt recently launched a rather interesting gameplay - they call it the GLP strategy, which is essentially a protocol treasury, backed by a professional quantitative team engaged in market-making and hedging.

The data looks pretty good: this strategy has been running in real trading for half a year, with an annualized return of about 48%, and a Sharpe ratio of 7.6 (this number is considered quite impressive in the industry). The trading is managed by a group of LPs and trading companies with over 40 years of experience, not just some random team messing around.

The participation threshold is somewhat particular—it's based on your historical trading volume on the platform. After investing, you can also earn points from the 15% Grvt Points pool weekly according to your TVL, which is considered an extra benefit.

There are actually quite a few on-chain stable income products in the market now, but the key still depends on whether the team is reliable and whether the data can be sustained.