mStable - 19% APY on stablecoins

19% APY on stablecoins $USDC, $DAI, $TUSD, $USDT

TLDR; mStable unites stablecoins and other tokenized assets into more useful and higher-yielding instruments.

mASSETS within the mStable ecosystem earn interest that is the average of interest earned on composite bASSETS plus platform fees. This is done by the lending of underlying bASSETS on decentralized lending markets such as Compound or AAVE, combined with mStable’s swap fees.


Congrats on mStable, it looks superb

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Now its at 36%. Great rate, but how do they manage to get such a high rate? And how sustainable is this?