DeFi

I'm working on the next issue of State of DeFi Yields: is there any particular topics folks would like to see me cover this week?

I plan to cover stablecoin and ETH yields, plus updates from some governance forums across DeFi.

If there's something else you'd like to see in Issue 3, let me know!

If you haven't read an issue before, see last week's issue for context: https://mirror.xyz/nexusmutant.eth/dV4jxXlDort0kqcaaUJe2_eszFoHv2fEv47Zd2fNEEw

These write ups are a broad overview of base rates in DeFi & standout yield opportunities to note onchain trends. They are fun to write, but always open to requests!

Head of Community @nexusmutual | Safe Governance delegate | Researching risk in DeFi

The reports have been great so far. Are you mostly looking to cover the ethereum ecosystem? Or is it too much complex or too far off topic to cover other chains also?

I focus on the Ethereum ecosystem and L2s primarily.

Is there another network you're looking for yield opportunities in?

I always try to cover things that are largely accessible, but recursive strategies or ones where autocompounding isn't available aren't as attractive, since you have the harvest the yield daily to lock in your yields.

When the yield is primarily token incentives, it can fall quickly as people sell to lock in profit.

Yields on Solana have been volatile, but generally strong. With all the free tokens being given out on Sui and Aptos, they are guaranteeing between 22-35% for the past month (actual lending rates are only 1-2%, with free protocol tokens being the rest).