[Weekly] Market Return on StableCoin-based Strategies(9 August 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 9 August. 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 9 August:

  • Risk Free Rate: 3.67%. Market was hot due to the launch of EIP 1559 but it also attracted more funds to come in. Risk free rate, representing the safe yield from Compound, Aave and Curve, inched up from last week’s 3.77%。

(Serenity Team, 9 August 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.