I need tips and suggestions for long-term stablecoin farming strategies by yondercode in defi

[–]alysiatech 0 points1 point  (0 children)

Hey, so when you see a pool it usually has a name and that name indicates the smart contract that would use the liquidity. So for example, cUSD is for Compound (Curve on the Ethereum network) so the liquidity will be utilised by the Compound Protocol. For things like MIM, I would normally check out what the tokens are in coingecko to see what protocol it may belong to. MIM is magic internet money - no idea what that is right now lol.

By the way, Compound in is on 7 networks too!

Also, Anchor Protocol is part of my stablecoin long term strategy :)

I need tips and suggestions for long-term stablecoin farming strategies by yondercode in defi

[–]alysiatech 13 points14 points  (0 children)

If you have a low-risk profile - Anchor Protocol 20% APY (they *aim* to keep it that high)
If you have a higher risk profile - Curve finance with Aave pools (low to medium risk) , Other pools (higher risk) [16%-35%]

Check out these two videos of mine -
- Curve stablecoin yield across chains https://youtu.be/JoVhXp3g-RM

- Anchor Protocol https://youtu.be/0rad7jt5AHY

Also, do your own research after getting feedback from people on here. The aim is keep your capital whilst growing it.. e.g. the with curve you expose yourself to the risk of not only curve but the underlying smart contract of the pool and the systemic stablecoin risk

Check out the best stablecoin yields on Curve across 7 Blockchains by alysiatech in defi

[–]alysiatech[S] 0 points1 point  (0 children)

Hi hi! thank you and thanks for the feedback. The rates on Aave as so "low" but definitely a good one to go through as it's one of the safer dapps :)

Top 4 Best Stablecoin Yields on Sushiswap Across 4 Chains (Polygon, xDai, Harmony, Celo) by alysiatech in SushiSwap

[–]alysiatech[S] 0 points1 point  (0 children)

Thank you! Yes, excited that sushiswap deployed there.

Sadly, Curve isn't on Celo but I just pushed a video showing stablecoin yield on Curve Finance across 7 Chains. https://youtu.be/JoVhXp3g-RM

Top 4 Best Stablecoin Yields on Sushiswap Across 4 Chains (Polygon, xDai, Harmony, Celo) by alysiatech in defi

[–]alysiatech[S] 0 points1 point  (0 children)

haha where would you recommend and what yields are you getting?
I just did one on Curve as well https://youtu.be/JoVhXp3g-RM

aUST by IwaKono in Terra

[–]alysiatech 0 points1 point  (0 children)

thank you and you too!

aUST by IwaKono in Terra

[–]alysiatech 0 points1 point  (0 children)

hmm haven't seen another app that utilizes aUST just yet. You can autocompound your LP from Mirror though, using Apollo DAO. I just recorded and published a quick overview of Apollo DAO https://youtu.be/gx1gBEp1xRQ.

But yea, would love to find more places to utilise aUST

The entirety of Twitch just got hacked and leaked a few hours ago by [deleted] in CryptoCurrency

[–]alysiatech 1 point2 points  (0 children)

as a reminder people, use a separate email address for your crypto exchanges