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 and USDM tokens, which are different flavors of USD stablecoins on the Arbitrum blockchain.
Yield source
Your yield comes from swap fees that users pay when trading between USDC and USDM on Arbitrum. Every swap in this pool incurs a fee, which is paid out to depositors. On top of this, the provider also boosts your returns through additional marketing incentives. Your yield can fluctuate based on transaction volume and the value of incentive payouts.
Risk perspective
Risks include smart contract dependencies and the potential for either USDC or USDM to lose their peg to the USD, which could lead to losses. Both stablecoins also rely on centralized entities to maintain their backing.
Provider
Curve
Chain
Arbitrum
Contract address
0xbdbb71914ddb650f96449b54d2ca15132be56aca
Yield8.8%
30d APY
Base
2.4%
Reward
6.4%
.
Investment scenarios
The below scenario simulator is greatly simplified. It intends to illustrate the potential impact of asset price movement on your investment.