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 stablecoin that represents USD on the Ethereum blockchain.
Yield source
Your yield comes primarily from the interest rates paid by borrowers who leverage the USDC you've supplied for trading or farming. The more your USDC is borrowed, the higher the interest that accrues back to you. Your yield can fluctuate based on borrow volume.
Risk perspective
Risks include multiple smart contract risks, untimely liquidations, and USDC's exposure to real-world assets like fiat and treasury bills.
Provider
Beefy
Chain
Base
Contract address
0xeF6ED674486E54507d0f711C0d388BD8a1552E6F
Yield11.3%
30d APY
Base
11.3%
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.