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

1. To invest into the strategy, users deposit Sushiswap ETH-USDC LP tokens into the vault contract.

2. 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	0xA79dBa8DC71C9A646e991D02712437Ae7cCfbEeB
Underlying	0x34965ba0ac2451A34a0471F04CCa3F990b8dea27
Rewards Pool	0xaaf1f4833667bbd88f8f13796c803fde1313b6e3