This opportunity acts as a savings account denominated in USD.
Assets
By investing in this opportunity, your exposure to USD will be through the USDC token, which is a USD stablecoin on the Base blockchain.
Yield source
Your yield comes primarily from the interest rates paid by borrowers who leverage the assets you've supplied for trading or farming. The more your asset is borrowed, the higher the interest that accrues back to you. Your yield can fluctuate based on borrow volume. This pool uses a leveraged strategy to enhance the yield earned from lending USDC.
Risk perspective
Risks include multiple smart contract risks and APR fluctuation risk. Pool is leveraged by more than 2x, which means your yield is highly impacted by changes in borrowing rates. Pool is subject to loss if the borrow APR rises above the supply APR, causing negative compounding on the leveraged position.
Provider
Harvest
Chain
Base
Contract address
0x90613e167D42CA420942082157B42AF6fc6a8087
Yield19.3%
30d APY
Base
19.3%
Reward
0%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.