Principal-Less

• Want just the exposure to the yield but not the underlying price volatility? Looper offers a principal-less loop option to achieve just that.

• Enter the amount of yield exposure you seek, looper will utilize flashloan to borrow stETH to mint LETH which will be swapped to stETH to repay the flashloan. You just need to pay for the slippage costs. After the loop, you will have a vault that has the desired amount of stETH to earn the yields.

Note: Pay attention to the slippage costs, if it gets too high, you should reduce the stETH position.