Weekly Roundup – Holiday Edition (12.23)
By Exponential Team
Published Dec 16, 2022

Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.

 
The holidays are here. Which pools made Santa’s Exponential’s naughty or nice list? Are Degens getting a lump of coal or tasty yields in their wallets? Put your yule log fireplace of choice on and unwrap our holiday Weekly Roundup. 🧑‍🎄
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The best of the best. These pools have no major red flags, offer a competitive yield, and are at the top of the class – earning an A or B risk rating. Uniswap continues to be at the top of the leaderboard. 💪
  1. Yearn CRV Staking
      • APR ~63%
      • Exponential Risk Rating: B
      • Yield source: Curve fee sharing and re-invested CRV rewards
  1. Uniswap ETH Market Making
      • APR ~9%
      • Exponential Risk Rating: B
      • Yield source: cbETH trading volume on Ethereum
  1. Notional ETH Market Making
      • APR ~8%
      • Exponential Risk Rating: B
      • Yield source: ETH borrowing demand, trading fees from nETH-ETH volume, and protocol incentives
  1. Sturdy USD Lending
      • APR ~7%
      • Exponential Risk Rating: B
      • Yield source: Staking underlying USDC collateral in third-party DeFi strategies

See the full list here.

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Check out the latest and greatest innovations. These pools are on the cutting edge of DeFi with unique and novel designs for earning yield. 🤖
  1. Chicken Bonds USD Bonding
      • APR ~66%
      • Exponential Risk Rating: C
  1. Sherlock USD Staking
      • APR ~11%
      • Exponential Risk Rating: B
  1. Trader Joe V2 BTC Market Making
      • APR ~9%
      • Exponential Risk Rating: C
  1. Origin Dollar USD Yield
      • APR ~7%
      • Exponential Risk Rating: B

Discover cutting-edge pools here.

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Don’t degen too close to the sun. These pools have major red flags at either the chain, protocol, or asset level, with a high likelihood of being exploited or failing. 🛑
  1. Vires USD Lending
      • Exponential Risk Rating: F
  1. Yearn USD Market Making
      • Exponential Risk Rating: F
  1. DeFiChain USD Market Making
      • Exponential Risk Rating: F
  1. UwU USD Lending
      • Exponential Risk Rating: F

Still want to live dangerously?

 
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New protocol reports
Protocols can be a pain to keep up with – let us help. Our team finds the most interesting protocols and breaks down what you need to know and why they need to be on your radar.
  1. Hubble - a stablecoin issuer on Solana
  1. Kamino - a concentrated liquidity yield optimizer on Solana
 
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The final installment of our ultimate guide to bear market investing is live!
Check out Vol III here, and catch up on Vol I and II.
 
Did you miss out on tuning in to the latest Degen Responsibly?
We hosted 0vix protocol, a risk-oriented lending market built on Polygon. We talked about how 0vix works, what makes it unique and some innovations they are bringing to market
Listen to the podcast here, and subscribe through Spotify or Apple podcasts
 
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SBF makes a dramatic return to the states. After being extradited back to the U.S., SBF made his first court appearance in New York on Thursday on charges that he masterminded the entire debacle inside his former crypto empire. This follows cooperation from Caroline Ellison (former CEO of Alameda) and Gary Wang (co-founder of FTX) who both pleaded guilty to fraud. SBF was released on $250M bail secured by his parent’s Palo Alto house.
A new player has entered the Layer 2 scene. Payments giant Visa unveiled its latest DeFi venture with plans to enable auto-payments on StarkNet, a Layer 2 scaling solution for Ethereum. Visa is proposing to allow merchants to automate recurring payments. This implementation requires a change in how Ethereum treats accounts as currently only user accounts can initiate transactions. Visa previously settled transactions in USDC for the first time on Ethereum back in March 2021.
Sushi community divided following recent proposal. New Head Chef, Jared Grey, proposed a new solution to replenish the protocol’s treasury by redistributing all transaction fees to Sushi’s treasury for one year. The Sushi treasury currently collects 10% of new SUSHI issued per block. With the max supply of ~250M expected in 2023, Grey is proposing for all xSUSHI revenue to be diverted to the treasury to sustain the protocol. Learn more about Sushi here.
 
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Coming soon – investing on Exponential
Accredited investors will soon be able to invest in DeFi liquidity pools across major chains directly on our custodial platform.