Furucombo Biweekly Update #3
This week, we share our newly released features with Mooniswap and Yearn as well as two popular combo use cases to give you some recipe inspirations. We’ve also picked some latest hot combos for you. Okay, without further ado, let’s get started! ✨
✅ Using Mooniswap to reduce the impermanent loss
✅ Join USDT vault to get 67x profit
✅ bZx yield farming is back
✅ Profitable arbitrage combo use case ($386 profit)
# New features
Furucombo x Mooniswap x Yearn
📍 Mooniswap：A new generation of the AMMs
AMM platforms are running well in the DeFi market; however, some defects, such as pricing optimization, high slippage, and the impermanent loss, still have to be fixed.
Mooniswap, a new AMM of 1inch, introduces the virtual balances which increase liquidity providers’ earnings significantly by slowing down price changes to prevent arbitrageurs from earning up to 100% of the swap slippages.📍 Yearn：A maximizing-profit aggregator of yield farmingYearn is a DeFi protocol providing automated yield farming strategies through various lending pools and vaults to bring lenders the best return on liquidity.
In essence, Yearn Vaults are pools of funds with associated strategies for maximizing profits on the asset in the vault. Simply put, yVault is a new concept; it was designed to gather the community’s opinions and assets to find the best yield and also minimize the gas cost.
✅ Time to reduce the impermanent loss with Mooniswap 🌝 🦄
Mooniswap LP could earn 0.15% tx fees as well as slippage profit, not to mention the upcoming LP farming.😎
We selected Top 5 pools $USDC $wNXM $renBTC $USDT $yCRV on Mooniswap to build this combo, you can just delete the ones you don't want. Enjoy!😉The pre-built combo is ready for you! 👉 go.furucombo.app/8bCpU
✅ Join USDT vault to get higher profit 🤘
USDT vault on Yearn is 67x higher than aUSDT 🤫
When you deposit your USDT into Yearn's USDT vault, Yearn will use the DForceUSDT strategy to earn higher returns! In this strategy, the vault will get the DF rewards and follow the strategy to sell rewards back into USDT.
1️⃣ Withdraw aUSDT from Aave
2️⃣ Deposit it in the USDT vault on Yearn
The pre-built combo is ready for you! 👉 go.furucombo.app/vg8fZ
# Hot combo
Here’s what ‘s trending on Furucombo.
✅ bZx yield farming is back! 🏃🏻
🚂 bZx is back in town and got on yield farming again!How?
1️⃣ Swap your asset to BZRX
2️⃣ Add BZRX/WETH to Balancer pool
3️⃣ Stake BPT tokens on bZX/Staking & earn bZx fees
The pre-built combo is ready for you! 👉 go.furucombo.app/XnfVL
✅ Profitable arbitrage combo use case 💰
📣 Oh my... another successful arbitrage case!
Initial funds = Gas cost = 0.0748 Ether (~$29.51)
Return = 0.0396 WBTC (~$415.87)
Profit = ~$386.36 💰How?
1️⃣ Flash borrow WBTC
2️⃣ Swap between WBTC and renBTC on Curve
3️⃣ Flash payback WBTC*Note: Furucombo always finds you the best pool to trade on Curve so you don't need to choose the pool.
The pre-built combo is ready for you! 👉 go.furucombo.app/90Ntw
Hope you enjoy this week’s content! 🤓
If you experience issues that are not covered in this guide, please reach out to the team directly through telegram.
- Discord: discord.furucombo.app
- Twitter: @furucombo
- Recommend Read: Beginner’s guide to Furucombo
- Subscribe to get the up-to-date info: go.furucombo.app/XN9jr