DeFi

What are the best yield bearing stablecoins on Optimism? 

Best = secure, transparent + sustainable yield sources

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growth @glodollar 🍄
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I’m doing some preliminary research for potential LP pairings with @glodollar that could be leveraged by @pooltogether and @superchaineco vaults

Do you want liquidity? What's your time horizon? Do you need the stable to match par with the US dollar? What's your benchmark (inflation or S&P 500)?

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Thank you! Do you have any favourites that use Moonwell x morpho vaults to generate the yield for holders? I’m looking for something like Origin (OUSD) where simply holding that stablecoin generates yield but on optimism. Sadly ousd is only on mainnet at this time

Some stablecoins like @gyroscope  earn yield within the token, like LST with eth

With yield bearing you typically need to stake the stable, right. And if it’s staked then it can’t be in a liquidity pair at the same time. I get why it works with GLO - because their yield doesn’t go to a staker. But how would you solve for the other side of the pair?

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Thats a good return! I’m currently trying to find quality yield bearing so I can pair it with another stablecoin

Well we got the best ETH yield at 17% APY🤔