ETH-USDC
General Information
ETH-USDC strategy is available at: https://forcedao.com/strategies when your Web3 wallet is connected to the Polygon Network.
Category | Details |
Symbol | xETH-USDC |
Risk Profile | Low |
Strategy | Pooling + Compound Interest |
Protocols | SushiSwap |
How does the strategy make money?
All Force "Yield Automation" strategies generate revenue by investing the asset a user deposits, into an "incentivized" financial market.
In the case of the ETH-USDC strategy, the "incentivized" financial market is SushiSwap, where yield is generated by:
Pooling Fees: Native APY generated by providing liquidity to SushiSwap's ETH-USDC AMM pool.
Compound Interest: Liquidating the SUSHI incentive rewards in exchange for ETH-USDC LP tokens, which is then reinvested into the user's original position.
Step-By-Step Explainer
To invest into the strategy, users deposit
Sushiswap ETH-USDC LPtokens into the vault contract.Upon deposit, they are issued a share of the vault, represented by
xETH-USDC. These user's funds are then made available for investment according to the pre-defined "strategy" above.
Contracts
Type | Address |
Vault | |
Underlying | |
Rewards Pool |
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