[Weekly] Market Return on StableCoin-based Strategies (7 June 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 7 June. 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 7 June:

  • Overview: Market has stabilized and inched up a bit from the 5.19 shock. So yields have picked up, but only for large platforms. Small projects are still struggling. Selling pressures on platform tokens are high, and we believe we are in a stage when “buying yield” should be the main theme.

(Serenity Team, 7 June 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.