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Mr Potato
@fiatisabubble
Thoughts on this Instadapp vault for ETH 🤔 https://lite.instadapp.io/
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tyler
@tylerw
best to look at APY over a longer time frame 72% APY from your screenshot was a temporary spike. yield has historically averaged ~8% on this vault this Instadapp Lite ETH vault is pretty lindy now it outperforms staking yields by taking on some risk, using leverage from protocols like Aave, Spark, Morpho, Compound
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Mr Potato
@fiatisabubble
Yeah. From what I read the vault also tries to arbitrage any depegs in stETH and with markets tanking over the weekend it, it was able to make some gains. I was trying to find historical data for the vault. Thanks for sharing. 70 $DEGEN
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