If you want ETH to go up put your money into PoolTogether. 

All yield is converted into ETH :)

https://app.cabana.fi

the underlying concept is actually one of the best and most interesting way to onboard retail

I’ve skimmed their docs and still don’t really understand how this is different. Isn’t it just another DeFi lending protocol? Isn’t yield always “converted into ETH” anyway? And it sounds like the yield is paid out randomly, in prizes, as opposed to the usual. Not sure I understand the value prop here

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

So essentially, you’re trading EV for lumpier stochastic returns.

In the long run, it should even out, but in the short term, it lets someone exit while ahead, in case they win the lottery sooner than expected / average.

I guess it might appeal to the gambling types

I’m not sure what their current version is about but the original pooltogether was based on the concept of lossless lottery - everyone deposits into a savings pool that will pick (in a transparent, fair way) a winner based on savings value proportional to the total pool. yield comes from “safe” sources like maker/compound/aave (composable). all the cool concepts of DeFi wrapped in an interesting product. 

of cos it’s not totally lossless because of smart contract risk.