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BraveNewDeFi
@bravenewdefi
š State of DeFi Yields I've been using http://vaults.fyi to check base rates on stables. It's clear there's more leverage at play and yields are rising across the board. Simple strategies can net 20%+ APY in the current market. Yearn is definitely leading the field w/ their V3 and Juiced vaults āļø More š
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BraveNewDeFi
@bravenewdefi
š Leading Accessible Yields Aave V3 L2 markets present some high yield pportunities on $USDC, $DAI & $sUSD Ethena has also been much talked about this week, but I don't think that option is accessible to most users. ā¬ļø
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BraveNewDeFi
@bravenewdefi
DeFiLlama's strategy page highlights opportunities similar to Ethena: https://defillama.com/yields/strategyLongShort?token=ETH One of the simplest delta-neutral perp strats is the USDpy vault available on Toros, which is built on dHedge: https://toros.finance/vault/0xb9243c495117343981ec9f8aa2abffee54396fc0 ā¬ļø
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BraveNewDeFi
@bravenewdefi
ā¤ļø ETH Yields Everyone is looking to the /eigenlayer ecosystem for yield right now. It's been incredible to see other liquid staking protocols build on top of them and leverage EigenLayer's points + their own points programs.
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BraveNewDeFi
@bravenewdefi
The EtherFi team is responsible for popularizing this "points-on-points" strategy. I have to give them props. They kicked off a massive growth spurt at Pendle, too š People earning ~25% fixed APY on their $eETH on Pendle This trend has helped diversify staked ETH in liquid staking protocols, as a side effect.
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BraveNewDeFi
@bravenewdefi
Puffer Finance, Renzo, KelpDAO, etc. are also providing their own points programs on top of EigenLayer, as well. Speculation on points is driving these yields. Nonetheless, the price discovery process has been fascinating!
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