⚡️What’s new?⚡️
🏦 Stablecoin Vault Spotlight: USDT/USDC.e 14% APY!
🧪 Yield Farming 101: Weighted Stablecoin basket via Picnic Protocol
🐦 Last Week in Crypto Twitter (CT): Reserve Protocol rebrand, Bullish case for crypto in Thailand, Solana developer interviews Anatoly, and more
🏦 USDT/USDC.e 14% APY!
The MAI/USDC.e pair on Beefy Finance (Via Arbitrum) has a 18% APY! It's also averaged a 19% APY since it's inception!
![](https://storage.googleapis.com/papyrus_images/4e475ae1fcfcc45d17c250f232b5aa54.png)
📑 Liquid Staked Tokens
MATICx LP - 4.8% (StaderLabs)
mSOL - 7% (Marinade.Finance)
sAVAX - 6% (BENQI)
frxETH - ~5% (Frax Finance)
ETH+ - 3.7% (Reserve Protocol)
📑 Stablecoin Yields List
Ethereum
$eUSD+FRAX/USDC - 8% APY (BeefyFinance)
$hyUSD/$eUSD - 14% APY (CurveFinance)
$MIM/$DAI/$USDC/$USDT - 9% APY (BeefyFinance)
$R-DAI - 9.6% APY (BeefyFinance)
$TUSD/$DAI/$USDC/$USDT - 9.85% APY (BeefyFinance)
$USDT - 6.25% APY (IronBank)
Polygon
$DAI (gDAI vault) - 3% APY (GainsNetwork)
$DAI/$USDR - APY N/A (BeefyFinance)
$jEUR/$PAR - 6.44% APY (BeefyFinance)
$MAI/$USDC - 1.35% APY (BeefyFinance)
Optimism
$USDC (hot tub) - 3.10% APY (Perp Protocol)
$jEUR/$agEUR - 5.42% APY (BeefyFinance)
$LUSD/$DAI - 5.5% APY (BeefyFinance)
$LUSD/$USDC - 6.5% APY (BeefyFinance)
$LUSD/$USDT - 8.10% APY (BeefyFinance)
$MAI/$USDC - 12% APY (BeefyFinance)
Avalanche
$MAI/$DAI$USDC/$USDT - 4% APY (BeefyFinance)
$MAI/ $USDC - 6.5% APY (BeefyFinance)
$MIM/$USDT - 16% APY (TraderJoe)
Arbitrum
$agEUR/$USDC.e - 8.74% APY (BeefyFinance)
$DAI - 6.9% APY (BeefyFinance)
$MAI/$USDC.e - 12% APY (BeefyFinance)
$MIM/$USDC.e/$USDT - 10.10% APY (BeefyFinance)
🧪 Yield Farming 101
![](https://storage.googleapis.com/papyrus_images/683df75f71416f0817b51658028dd974.png)
Strategy
Picnic protocol, on Polygon, allows you to create custom weighted baskets of yield bearing assets. We can use Picnic to create a basket of diversified stable coins. All rewards are auto-compounded into the original position with the ability to rebalance at later dates.
Create a basket with USDC/DAI, USDC/axlUSDC, and jEUR/PAR on Picnic
Watch the basket and rebalance with other assets to achieve your desired APY
Risks:
Stablecoin depeg risk
Smart contract risk
🐦 Last Week in Crypto Twitter (CT)
Reserve Protocol rebrand:
Security Researcher shares resources for understanding Lending markets:
Is Thailand the next hub for crypto? Sanjay shares his bullish take:
Helium Mobile launches unlimited text/talk and data for $5/month for Miami residents:
Aave's GHO stablecoin experiences depeg:
Mert from Helius Labs interviews Anatoly to discuss the future of Solana:
Binance Labs buys CRV to help Curve recover: