Use stable coin to buy equal parts of the token pair with the highest yield at the moment at Uniswap. When the yield drops, sell the tokens for a stablecoin and move on the currently highest APY one.
This is high risk strategy since impermanent loss is involved, but currently the top token pairs at UNISWAP have APY of upwards of 500%.
The highest yielding token pair at Uniswap should be checked regularly, then use stablecoin to buy equal parts of the token pair that is currently at the top APY wise and provide liquidity for it. When the APY drops from the first place, sell the token pair for stablecoin and buy the currently highest yielding one.
Effectively always having position in the token pair with the highest APY.
This is very high risk strategy because of impermanent loss. However, the high APYs might offset most of that, most of the time.
Right now most of the current vault APYs are really low, some of them inclining towards centralized services rates. There are people with high risk appetite who wouldn’t mind to allocate smaller portion of their stable coins to chase the highest yield on the market.
Actually this strategy might now even work well with high amounts, since that would move the prices of the token pair too much and also as soon as ton of liquidity is added to the pair, the APY will fall. So there might be a limit of deposits.