USDC

General Information

USDC strategy is available at: https://forcedao.com/strategies

Category	Details
Symbol	xUSDC
Risk Profile	Low
Strategy	Lending + Compound Interest
Protocols	Compound Finance, IDLE Finance

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 strategy, the "incentivized" financial market is Compound Finance via an IDLE Finance proxy, where yield is generated by:

• Lending Fees: Native APY generated by lending USDC on Compound Finance.

• Compound Interest: Liquidating both COMP and IDLE incentive rewards in exchange for USDC, which is then reinvested into the user's original position.

How does the reward boost work?

After a user deposits USDC tokens into the vault, the contract automatically mints and transfers xUSDC tokens into the user's wallet.

The xUSDC tokens can then be "staked" into the rewards pool, where the user can then benefit from additional token rewards in the form of xFORCE.

xFORCE are the interest-bearing version of FORCE. xFORCE yield is generated by a buy back mechanism outlined in the economics section.

Step-By-Step Explainer

1. To invest into the strategy, users deposit USDC tokens into the vault contract.

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

3. User's are able to deposit their xUSDC tokens into the "Rewards Pool" to receive an additional APY in xFORCE tokens.

Contracts

Type	Address
Vault	0x51654a8c04e97424724E1643d468b51924f6C40F
Underlying	0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48
Rewards Pool	0x45E60E1bee16Df15f2b87F15F2Acba6F3869462c