I was looking for ways to utilize the leftover US Dollar stablecoins and decided to reconsider yield farming protocols.
The current APY is around 7%. It features a mechanism that automatically calculates and adjusts the optimal yield.
This protocol is backed by Paradigm, and its mechanism is designed to dynamically optimize users' capital allocation. The detailed mechanism can be found in the white paper.
As an option for managing stablecoin holdings, DeFi yields are at a stage worth considering.
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GmGmNoGn
· 1h ago
7 points are okay, but you need to understand the logic of intelligent scheduling clearly and not be fooled by the name of Paradigm.
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MetaMaximalist
· 14h ago
7% on stablecoins in this market? honestly that's where the real innovation arbitrage happens—most normies are still sleeping on yield optimization protocols. paradigm backing means at least someone competent vetted the mechanism, which... tbh is more than i can say for 90% of yield farms out there. the auto-rebalancing thing is kinda table stakes now though, not really a flex anymore
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OnchainDetective
· 12-21 22:54
7 points... The stablecoin yields are just at this level now, Paradigm's endorsement is still okay.
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SigmaValidator
· 12-21 22:50
7% APY sounds pretty good, but I need to check the White Paper for the project endorsed by Paradigm before I comment... Every protocol is using that dynamic optimization trap.
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FrontRunFighter
· 12-21 22:48
7% on stablecoins... sounds nice until you realize what's actually happening under the hood. paradigm backing doesn't mean squat if the protocol's bleeding value through MEV extraction and sandwich attacks on rebalancing txs. been there, seen the math. always check the whitepaper for the real mechanics they're hiding.
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LightningHarvester
· 12-21 22:48
7% return sounds good, but it depends on where the risk is.
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AlwaysQuestioning
· 12-21 22:47
Is a 7% APY still worth looking at now? I got rug pulled while playing yield farming before, and Paradigm's endorsement does add some credibility, but how reliable is this automatic adjustment mechanism?
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RugpullAlertOfficer
· 12-21 22:28
7 points, right... Paradigm endorsement sounds pretty good, but I'm a bit numb to these yield farming concepts. Every time they talk about "dynamic optimization", in the end, it's still relying on liquidation to maintain returns.
I was looking for ways to utilize the leftover US Dollar stablecoins and decided to reconsider yield farming protocols.
The current APY is around 7%. It features a mechanism that automatically calculates and adjusts the optimal yield.
This protocol is backed by Paradigm, and its mechanism is designed to dynamically optimize users' capital allocation. The detailed mechanism can be found in the white paper.
As an option for managing stablecoin holdings, DeFi yields are at a stage worth considering.