Update announcement on Curve LP rewards. Latest epoch is now live.
15 Jun 2023, 08:11
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Update announcement on Curve LP rewards;
Latest epoch is now live! Curve incentive rewards are continue across all FF previously incentivized FF asset pools
Due to incentivization total USD value across incentivized pools currently stands at $12.4m
This epoch incentives allocations have been adjusted to help improve pool balances
Yields available currently are;
~ ibEUR / USDC @ $3.9m TVL = up to 13% tAPR
~ ibEUR / sEUR @ $3.6m TVL = up to 5% tAPR
~ ibCHF / sCHF @ $0.97m TVL = up to 14% tAPR
~ ibGBP / sGBP @ $0.95m TVL = up to 13% tAPR
~ ibAUD / sAUD @ $0.91m TVL = up to 12% tAPR
~ ibKRW / sKRW @ $0.93m TVL = up to 16% tAPR
~ ibJPY / sJPY @ $1.06m TVL = up to 10% 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 / USDC; https://yearn.finance/vaults/1/0x9F8B5c0fc18B79DdFc05b21c43da7E324Cf3B8Eb
~ ibEUR / sEUR; https://yearn.finance/vaults/1/0xD347e7A3DdF5Ce4C42E19a4F30eEAA761795C72B
~ ibCHF / sCHF;
https://yearn.finance/vaults/1/0x72FaEA467BD88db6720A861e56A3a72B4Aa579DF
~ ibGBP / sGBP; https://yearn.finance/vaults/1/0xbE4afE6737CCf34cA21cdeF461E5C7547Adc8C77
~ ibAUD / sAUD; https://yearn.finance/vaults/1/0x1b905331F7dE2748F4D6a0678e1521E20347643F
~ ibJPY / sJPY; https://yearn.finance/vaults/1/0x59518884EeBFb03e90a18ADBAAAB770d4666471e
~ 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, ibAUD, ibKRW or ibJPY"
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
- When entering pools users will gain a bonus if helping to balance pool
- sETH/ sUSD can be acquired from 1inch or curve (use to swap to sXXX via Kwenta)
~ sAUD can currently be acquired at a discount, and then swapped via kwenta to any other sXXX asset. Useful if re-entering higher yield pools, or for acquiring ETH/BTC
~ Fixed Forex Pool Balances;
ibEUR / sEUR = 54/46% [buy ibEUR at discount]
ibCHF / sCHF = 86/14% [buy ibCHF at discount]
ibGBP / sGBP = 92/8% [buy ibGBP at discount]
ibAUD / sAUD = 32/68% [buy sAUD at discount]
ibJPY / sJPY = 58/42% [buy ibJPY at discount]
ibKRW / sKRW= 88/12% [buy ibKRW at discount]
- Observe curve pool balance before entry as LP.
- Fixed Forex assets (ibXXX stables) can be borrowed from Iron Bank
Current Fixed Forex borrow rates;
~ ibEUR @ 3.7% APY
~ ibCHF @ 3.6% APY
~ ibGBP @ 5.9% APY
~ ibAUD @ 3.9% APY
~ ibJPY @ 2.6% APY
~ ibKRW @ 4.3% APY
Happy yield farming folks! šØāš¾