9/24/2024 - Uniswap MKR-USD Market Making has a 30d APY of 3.08%, a TVL of 137,654,818, and an Exponential Risk Rating of B. This pool facilitates trades between MKR and DAI.

Uniswap MKR-USD Market Making on Ethereum (MKR, DAI)

This pool facilitates trades between MKR and DAI. Your yield is generated from swap fees paid by traders when an exchange happens.

MKR is the governance and utility token of the Maker protocol that also serves to recapitalize the lending system.

DAI is the first overcollateralized and decentralized stablecoin issued by Maker. Its value is soft pegged to the US Dollar and backed by a combination of other stablecoins and crypto assets.

This pool serves as a lower volatility portfolio by pairing your MKR and USD stablecoin together to earn yield over time

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool's economic design

Uniswap MKR-USD Market Making

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Uniswap V2

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Ethereum

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

Something that shows up when you hover over the (i) icon

Yield Source

Your yield consists of trading fees from the buying and selling of MKR and DAI on the Ethereum blockchain

This pool has not been receiving any protocol incentives to encourage user deposits

Uniswap MKR-USD Market Making

This pool facilitates trades between MKR and DAI. Your yield is generated from swap fees paid by traders when an exchange happens.

Get more from your crypto -earn 15% yield or more

Get more from your crypto -
earn 15% yield or more