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On this page
  • General Information
  • How does the strategy make money?
  • Step-By-Step Explainer
  • Contracts

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  1. PRODUCTS
  2. 🌀Polygon

USDC-USDT

PreviousETH-DAINext🏆Force Prize

Last updated 3 years ago

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General Information

USDC-USDT strategy is available at: when your Web3 wallet is connected to the Polygon Network.

Category

Details

Symbol

xUSDC-USDT

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 USDC-USDT strategy, the "incentivized" financial market is SushiSwap, where yield is generated by:

  • Pooling Fees: Native APY generated by providing liquidity to SushiSwap's USDC-USDT AMM pool.

  • Compound Interest: Liquidating the SUSHI incentive rewards in exchange for USDC-USDT 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 USDC-USDT LP tokens into the vault contract.

  2. Upon deposit, they are issued a share of the vault, represented by xUSDC-USDT. These user's funds are then made available for investment according to the pre-defined "strategy" above.

Contracts

Type

Address

Vault

Underlying

Rewards Pool

0x127F52249fa07810a9c3937B3D2d3369859fF6Ab
0x4B1F1e2435A9C96f7330FAea190Ef6A7C8D70001
0x88bd5756c862bf9325ad537905c72b1ca4986c7a
https://forcedao.com/strategies