[Weekly] Market Return on StableCoin-based Strategies(13 Sept 2021)

We provide a weekly update of the platforms we track, based on the strategies discussed in Serenity Fund’s Overview of Stablecoin Investments and the periodical updates.

(Note: Yields derived from mining reward tokens are based on the prices of tokens on 13 Sept. Yields that are cumulative, e.g. Uniswap and Compound’s basic earnings and Binance funding rates, and are actual yields over last week, compounded weekly to derive the APY.)

Quick analysis on 13 Sept:

  • Risk Free Rate: 5.34%. Risk free rate, representing the safe yield from Compound, Aave and Curve, was higher than last week’s 4.22%, due mainly to the higher USDC supplying rate on Aave. This affects positively a few other conservative yield management platforms as well, such as Vesper Finance.

(Serenity Team, 13 Sept 2021, Twitter: https://twitter.com/SerenityFund)

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