Update announcement on Curve LP rewards. Latest epoch for incentives is now live.
09 Mar 2023, 09:37
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Update announcement on Curve LP rewards;
Latest epoch for incentives is now live!
Incentives continuing across pools has helped grown total on incentivized pools to $8.9m TVL
Yield available current are;
~ ibEUR / sEUR @ $4.4m TVL = up to 11.94% tAPR
~ ibEUR / USDC @ $2.6m TVL = up to 23.65% tAPR
~ ibCHF / sCHF @ $592.6K TVL = up to 36.6% tAPR
~ ibGBP / sGBP @ $637.4k TVL = up to 45.95% tAPR
~ ibKRW / sKRW @ $692.9k TVL = up to 36.6% tAPR
Yield will scale downwards (i.e. decrease) with increase in pool TVL
š§-liquidity-providers can boost their yield rewards by depositing LP tokens within Yearn vaults or on Convex
Yearn Vaults - will auto-compound yield back into LP position & offers a 2.5x boost across all pools:
~ ibEUR / sEUR; https://yearn.finance/vaults/1/0xD347e7A3DdF5Ce4C42E19a4F30eEAA761795C72B
~ ibEUR / USDC; https://yearn.finance/vaults/1/0x9F8B5c0fc18B79DdFc05b21c43da7E324Cf3B8Eb
~ ibCHF / sCHF;
https://yearn.finance/vaults/1/0x72FaEA467BD88db6720A861e56A3a72B4Aa579DF
~ ibGBP / sGBP; https://yearn.finance/vaults/1/0xbE4afE6737CCf34cA21cdeF461E5C7547Adc8C77
~ ibKRW / sKRW; https://yearn.finance/vaults/1/0x5359680A80c1FB2175cD33efF32f762e43cD8C41
Convex - will boost CRV rewards (1.8x - 1.9x) whilst also providing CVX rewards;
~ search pools for "ibEUR, ibCHF, ibGBP or ibKRW"
Reminders;
- Synthetix assets can be swapped between sXXX stables via Kwenta
Pro-tips;
Make sure to hold a synthetix asset prior to utilizing Kwenta, to do so acquire assets from existing pools
- sETH/ sUSD can be acquired from 1inch or curve (use to swap to sXXX via Kwenta)
- up to 670k of sEUR can be acquired from the ibEUR/sEUR pool (when purchased with ibEUR) at a discount due to pool overbalance & sEUR can be swapped to other sXXX via kwenta to enter other imbalanced pools for a bonus! (Additional bonus can be earnt on curve by providing ratio of assets that help achieve pool balance)
~ Pool Balances;
ibEUR / sEUR = 42/58% [buy sEUR at discount]
ibCHF / sCHF = 47/53%
ibGBP / sGBP = 85/15% [buy ibGBP at discount]
ibKRW / sKRW= 81/19% [buy ibKRW at discount]
- Observe curve pool balance before entry as LP.
- Fixed Forex assets (ibXXX stables) can be borrowed from Iron Bank
- Keep3r plans continue to incentivize the pools across future epochs consistently to attract & grow TVL
Happy yield farming folks! šØāš¾