Add mStable SAVE as an alternative strategy to dForce and Curve in Earn

Proposals Vaults
1

Summary:
Add option to take advantage of readily available saving yields.

Abstract:
mStable SAVE is offering interest rates that exceed current realized returns from dForce and Curve strategies. Add a new strategy taking advantage.

Motivation:
Improved returns/motivation for customers to deposit.

Specification:
mStable is offering 1:1 swaps between mUSD and stablecoins reducing slippage risk (USDT, USDC, TUSD, very limited DAI). Their recent average returns are exceeding Yearn’s.

Screenshot_2020-10-10 mStable
Screenshot_2020-10-10 mStable1325×687 23.6 KB

For:
Add new mStable strategy.
Against:
Do not add mStable strategy.
Poll:

3 Likes
2

I fully support this being added as a strategy to the vaults.

3

I´m quite sure their yield also depends on how much liquidity is provided. Probably the best way is to mix it with other strategies to get the optimal average yield. Since it´s a multi-asset lending strategy it could be added to the “earn” strategies? Or yCRV vault?

1 Like