

Yecho
414 posts

@YechoApp
The top DeFi yield tracker | Daily yield snapshots across protocols | Visualize & optimize your strategy 📊





Day 34: One of the best-performing stablecoin loops is wsrUSD/rUSD on Morpho It has a maximum 30-day APY (depending on your leverage) of 33.3%, which is a extremely good yield in the current market coonditions. Speaking about wsrUSD, I took a look at Reservoir (its issuer) and its yield generation strategy seems pretty conservative. The assets backing wsrUSD are just lent on these protocols: AAVE (GHO) Euler (PYUSD and RLUSD) Dolomite (USD1) Morpho (USDC, RUSD and RLUSD) In this way, wsrUSD is generating a 4.75% base APY with relatively low risks. Obviously, there's no risk-free yield in crypto as Resolv exploit has shown once again that smart contract risk is real. But looping wsrUSD for up to 33.3% 30-day APY seems like a good opportunity.


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