Reserve
@reserve
Holding stables on @base? Why not mint High Yield USD (hyUSD) and earn a whopping 8.8% APY π«πΆπ΄π΅ π§π°π³ π©π°ππ₯πͺπ―π¨ while enjoying overcollateralization Likewise, you could stack RSR by staking it on hyUSD β get started β https://app.reserve.org/base/token/0xcc7ff230365bd730ee4b352cc2492cedac49383e/overview
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Elie
@elie
Any risk here? How is the yield so high?
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Reserve
@reserve
The risk is low. The underlying collateral is spread between these three assets; the yield is shared with hyUSD holders and people who stake their RSR on hyUSD. If one of the underlying assets experiences a depeg, RSR gets slashed to make hyUSD holders whole
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Elie
@elie
Why not just put it in aero?
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