Any balancer involving strategies upcoming?

General Chat
1

According to https://bankless.substack.com/p/how-to-get-the-best-yields-on-your scroll down to “uUSD Pool on UMA” you can get amazing APY without IL risk by collaterizing BTC to get uUSD and get up to 200% APY because of 3 rewards being given at the same time, REN, BAL and UMA.

So is yEarn planning on any strategies involving balancer?

p.s.

I know they were hacked but that was related to taking advantage of coin that burns the fees in that coin for every transaction and the pool mentioned here is not like this.

2

I’ve proposed a few strategies that involve Balancer, but to my knowledge none of them currently exist. The uUSD pool in particular is not a good strategy for a Vault though, as it is time-limited - if they were to set something up for a longer-term investment it could be a good idea for a BTC vault, though.