[Weekly] Market Return on StableCoin-based Strategies(27 Dec 2021)

We provide a weekly update of the platforms we track, based on the strategies discussed in Serenity Fund’s Overview of Stablecoin Investments and the periodical updates.

(Note: Yields derived from mining reward tokens are based on the prices of tokens on 27 Dec. Yields that are cumulative, e.g. Uniswap and Compound’s basic earnings and Binance funding rates, and are actual yields over last week, compounded weekly to derive the APY.)

Quick analysis on 27 Dec:

  • Risk Free Rate: 3.22%. Risk free rate, representing the safe yield from Compound, Aave and Curve, was a lot higher than last week’s 2.74%. Over the past week the market moved up significantly, with ETH breaking $4000 again and Defi protocols moving up 10%-20% in general.

The above summary is a snapshot of what the market looks like over the last week and as of Monday. This is by no means the portfolio of any of Serenity Fund. Neither is the above table meant to be a ranking table nor to be exhaustive. There are various other defi protocols and products that can offer different risk and return exposures. Follow our Twitter below to have more timely and detailed information on the defi market.

(Serenity Team, 27 Dec 2021, Twitter: https://twitter.com/SerenityFund)

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Zero market risk and stable return - risk neutralised cryptocurrency fund.

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Zero market risk and stable return - risk neutralised cryptocurrency fund.