Ethereum

Yearn USD Lending

DAI

This pool lends and borrows your DAI on money markets to farm protocol incentives. Your yield comes from interest paid by both lenders and borrowers, as well as auto-compounding of protocol rewards.

8.6%

Yield

30d APY

Risk

APY

Last 90d

Editor's Take

Investment Rationale

This opportunity acts as a savings account denominated in USD and works well for investors who want stablecoins pegged to USD.

Risk Perspective

This pool is rated B primarily because DAI is backed by USDC, a centralized stablecoin.

Pool Performance

DAI is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.

Yield8.6%

30d APY

TVL

$16.4M

-9.44%

last 30d

Yield

8.6%

APY 30d

Earnings

$0.1M

Last 30d

Protocol

Yearn V2

Rewards/profits generated by this pool's strategy are regularly updated, harvested, swapped for the original vault asset, and deposited again for compound farming. Yield for this pool assumes auto-compounding of protocol rewards multiple times per month on average.

Summary

Risk

Fundamentals

Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets

Yield Source

Your yield comes from interest and protocol incentives earned for lending DAI on Ethereum. The yield can change depending on transaction volume and value.

This pool has been receiving protocol incentives to encourage more user deposits

Investment Strategy

This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins, subject to market conditions

Risk Details

Pool Fundamentals

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