🦸‍♂️Super Yield

A sweet deal that uses syrupUSDC to deliver exceptional returns

Target APY: 10-25%

Acting on a short-term opportunity that Drift and Maple have teamed up to offer, this vault captures the highest stablecoin yield available by using syrupUSDC as collateral on a long ETH, short BTC perpetuals position- and having that perpetuals position open is required for the rewards rate offered.

Strategy Page: https://quant.fun/vaults/super-yield Risk Rating: 🍋 Medium Risk Yield Source: SyrupUSDC Protocol Yield, Drift Yield Incentives, ETH/BTC Ratio Appreciation

Strategy Details

• Deposit Asset: USDC

• Assets Utilized: syrupUSDC, BTC, ETH

• Blockchain: Solana

• Protocols: Maple, Drift

• Uses Leverage: No

• Minimum Investment Requirement: 10 USDC to start earning

• Withdrawal Time: 2 hours redemption delay to process withdrawals

Technical Risks

• Leverage: This vault does not use leverage

• Liquidation: This vault carries very limited liquidation risk

• Counterparty: If Maple's syrupUSDC product encounters errors or failure, this vault may lose value

Fees

• Management fee: 1%

• Performance fee: 0%

• For more on fees: Explore Fees