This opportunity acts as a savings account denominated in USD and works well for investors who want stablecoins pegged to USD.
Assets
By investing in this opportunity, your exposure to USD will be through the DAI token, which is a USD stablecoin that represents USD on the Ethereum blockchain.
Yield source
Your yield accrues from fees paid by users using the provider's (Maker) stablecoin services. Maker deploys its collateral assets to earn additional yield through real-world assets like US treasuries. This yield is then passed on to depositors of this pool. Your yield can fluctuate based on the demand for the provider's services.
Risk perspective
Risks include DAI's exposure to real-world assets like fiat and treasury bills.
Provider
Maker
Chain
Ethereum
Contract address
0x83F20F44975D03b1b09e64809B757c47f942BEeA
Yield6.3%
30d APY
Base
6.3%
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.