How does it work?
Deposit USDC into ‘Prime USDC’ for optimized yield across multiple DeFi protocols. This smart contract leverages Aave for lending and borrowing, Aerodrome for liquidity provision, and Uniswap for swaps, using Pyth Network for price feeds. It supplies USDC to Aave, borrows cbETH, then provides USDC-AERO liquidity on Aerodrome. Your stake is represented by ERC4626 shares for easy deposits and withdrawals. The contract periodically harvests gains, reinvests rewards, and rebalances positions. This strategy aims to maximize USDC yield through lending-borrowing differentials, liquidity fees, and market inefficiencies, while managing risks across diversified DeFi positions.
APY
58.06%
Behind the scenes
Actions done automatically by the strategy (smart-contract) with an investment of $1000
| Action | Protocol | Chain | Amount | Yield (%) |
|---|---|---|---|---|
| 1. Supply USDC to Aave |  USDC on Aave | Base | $100 | 5.14 |
| 2. Borrow cbETH from Aave |  cbETH onAave | Base | ~$70 | -2.72 |
| 3. Swap half cbETH for USDC on Uniswap | cbETH on Uniswap | Base | ~$35 | 0.00 |
| 4. Swap half cbETH for USDC on Uniswap | USDC onUniswap | Base | ~$35 | 0.00 |
| 5. Swap half cbETH for AERO on Uniswap | cbETH onUniswap | Base | ~$35 | 0.00 |
| 6. Swap half cbETH for AERO on Uniswap | USDC onUniswap | Base | ~$35 | 0.00 |
| 7. Deposit USDC and AERO to Aerodrome Pool | USDC on Aerodrome | Base | ~$35 | 78.32 |
| 8. Deposit USDC and AERO to Aerodrome Pool | AERO onAerodrome | Base | ~$35 | 78.32 |
Risks Associated
Some probable risks that you should be aware of before investing in this strategy
1. APYs are not promised returns, they may vary due to market conditions
2. You will be affected by price fluctuations of cbETH tokens
Transaction History
No transactions recorded since this feature was added. We use your browser's storage to save your transaction history. Make a deposit or withdrawal to see your transactions here. Clearning browser cache will remove this data.