Pool #3 Meta Yield Governance
Pool #1 was an introduction to yearn.finance
Stake $DAI, $USDT, $USDC, or $TUSD and earn the highest yield available between Compound, Aave, or DyDx.
Earn trading fees from curve.fi
Farm the anticipated $CRV token
Recent daily APY ~32.87%
Pool #2 was an introduction to Balancer liquidity provision
Provide liquidity and earn trading fees on top of your assets.
Earn more of the underlying.
Farm $BAL token if the pools are whitelisted.
Fees set to 0.15% per trade.
Pool #3 we wanted to combine the best of all worlds.
Can we create a pool that can achieve the following;
- Receive the best interest from stable coin deposits
- Receive trading fees from curve.fi
- Farm $CRV
- Receive trading fees from balancer.exchange
- Farm $BAL
- Farm YFI
- Reward members that participate in governance
- Claim system fees and rewards when you participate in governance without burning your YFI
And that’s exactly what we did.
After releasing this article, we will be minting the next (last?) 10,000 YFI into the governance contract.
The BPT is received from a balancer.exchange pool that is split between YFI and curve.fi tokens. This allows you to farm $CRV while receiving yield from iearn.finance, and receive trading fees from curve.fi.
The output token from this pool, gives you the following rights;
- Vote on all proposals
- Earn YFI from the 3rd pool
- Earn CRV
- Earn BAL
- Earn interest
- Manage the system settings
- Every time you vote, you will be claiming your % of fees generated by the system
Happy yield hunting
