Extending Stablecoin Farm — Up to 30% Fixed APR
Sperax reloads the USDC / USDs pool with a 4M SPA budget.
To encourage healthy liquidity for USDs swaps and a stable peg, we are rolling over the Uniswap v3 Uniswap farm.
This pool is perfect for users looking to protect their principal during the bear market while continuing to capture upside benefit. Users willing to lock their positions can guarantee returns of 30% APR priced in SPA at the time of deposit. Let’s learn how it works, understand the benefits, and assess the current opportunities thanks to low prices.
This farm will reward liquidity providers (LPs) with or without lockups, giving LPs the flexibility to move in and out of the pool at their leisure. SPA rewards will accrue continuously, meaning that LPs can claim tokens whenever they want, unless they lock up. If users want to lock their tokens, the pool will offer a 30% APR to incentivize sticky liquidity, with a 21-day cooldown period.
Arbitrum Uniswap v3
Price Range: 0.95–1.05
Token Pair: USDC / USDs
Budget: 4 million SPA
Duration: 6 month/180 days (i.e. after 30 days, user cannot choose 150 days-lockup)
Check out the full parameters on the Sperax Gitbook.
Bear Market Resistance
Boosted Trading Fees
Our farms harness the power of @Uniswap v3, automatically providing concentrated liquidity.
Remember, this is a stablecoin pool that pays a fixed APR in $SPA. This means farmers keep upside exposure while protecting downside risk. But what the heck does that mean? Let’s walk through a scenario and assess potential outcomes and payoffs:
A user has $20,000 USD stored in #stablecoins. They are concerned about market volatility. These stablecoins should be put to work, to earn more money, without risking the principal, right? But where?
Possible outcome 1: 10x increase in $SPA price to $.05
Possible outcome 2: 50% decrease in $SPA price to $0.0025
Outcome 1 ROI: 119.67%
478,680 $SPA * $0.005 = $23,934
$23,934 + $20,000 = $43,934
Outcome 2 ROI: 5.98%
478,680 $SPA * $0.0025 = $1,196.78
$1,196.7 + $20,000 = $21,196.78
This strategy is designed to provide you an opportunity to capture upside of this market while protecting your downside risk, assuming security of USDC and USDs. Try out our LM calculator to play with potential earnings by heading over to the farms!