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 Ethereum 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.
Risk perspective
Risks include potential bad debt due to untimely liquidations of collateral assets and exposure to USDC, a centralized stablecoin.
Provider
Euler
Chain
Ethereum
Contract address
0xcBC9B61177444A793B85442D3a953B90f6170b7D
Yield14.2%
30d APY
Base
14.2%
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.