[Weekly] Market Return on StableCoin-based Strategies(27 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 27 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 27 Sept:

  • Risk Free Rate: 4.32%. Risk free rate, representing the safe yield from Compound, Aave and Curve, was moderately up from last week’s 4.14%. Last week, the market was in a shock from the Chinese government tightened efforts on cryptocurrency, but some viewed this was positive for De-Fi as well.

(Serenity Team, 27 Sept 2021, Twitter: https://twitter.com/SerenityFund)

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