Idle Finance’s USDC Junior Best Yield Strategy is Live on Sense

Our expanded integration with Idle Finance is live and can be accessed through the Sense Portal.

Sense has teamed up with Idle Finance to launch a Rolling Liquidity Vault for their Junior USDC Best Yield Strategy.

Sense users can now earn fixed rates and trade future yield atop the Junior USDC Best Yield Strategy, and USDC holders can earn extra yield by providing their liquidity to the Space Pool on Sense and earning trading fees. Currently, the yield for an LP is 8%.

Idle’s Junior USDC Best Yield strategy gets improved yield versus by automatically moving between different Idle USDC Junior Tranches based on what is providing the most attractive yield.

If you want higher yields, this series could be a fit for you.

Incentives for early Space LPs

Finally, we’re excited to announce an incentive program with Idle DAO. A total of 1,000 $IDLE will be distributed as rewards to eligible Space Pool LPs.

To be eligible, and LP must be one of the first 10 LPs to deposit over $10,000 and must remain in the pool for at least 30 days.

Eligible deposits in the next 7 days will be rewarded proportional to the amount of liquidity provided. LPs will be rewarded on a first come, first serve basis.

Provide liquidity: https://app.sense.finance/eth-mainnet/pool

Get fixed rates : https://app.sense.finance/eth-mainnet/fixed

Trade future yields: https://app.sense.finance/eth-mainnet/rates

Rapid integration with 4626 vaults

The Junior Tranche Euler USDC strategy was onboarded through Sense’s new ERC4626 adapter factory, which can onboard any compliant asset with a single on-chain function call. No longer do integrations require custom adapters and long development lifecycles. Creating fixed-rate markets on Sense is as easy as instantiating a new AMM pool on Uniswap.

With the help of a soon-to-be-launched UI, any protocol team & DAO will be free to onboard their yield-bearing assets on Sense. If you are interested in enabling fixed rates in your ecosystem, please join our discord and reach out to us!

This integration is another step toward the future Sense is building: our vision is to create decentralized, transparent, fair factories for yield curves and other yield primitives on-chain along with fully decentralized markets for yield discovery.

If you’re excited about this vision and want to help build it, join us. We’re actively hiring and are always on the lookout for top talent. Join our community on Discord to get involved, and follow us on Twitter for updates!