[Weekly] Market Return on StableCoin-based Strategies (26 April 2021)

We provide a weekly update of the platforms we track, based on the Serenity Fund’s original strategy on investment of stablecoins, and its subsequent updates, most importantly the March Update. The chart below summarises the returns on investment of stablecoins:

(Note: Yields derived from mining reward tokens are based on the prices of tokens on 19 April. Yields that are cumulative, e.g. Uniswap and Compound’s basic earnings and Binance funding rates, are actual yields over the last week annualised.)

Quick analysis on 26 April:

  • Overview: There was another dip in the later part of last week and but earlier today, we saw ETH rebounded back to over $2400, comparable to a week back. Over platform tokens were catching up ETH as well, but not as fast, so the yield rates at the time of this article were lower about 20% to 30% than last week in general.

We are finalising the strategies for ETH denominated products and more details will be released this week. We continue to add more platforms to the section of Other Platforms and Exotic Strategies. In addition, we will start to explore other chains like Binance Smart Chain and Polygon, as more capital and platforms are migrating over.

(Serenity Team, 26 April 2021, Twitter: https://twitter.com/SerenityFund)

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Zero market risk and stable return - risk neutralised cryptocurrency fund.

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The Serenity Fund

Zero market risk and stable return - risk neutralised cryptocurrency fund.