1/ MUX v3 just shipped 5 new sUSDC pools. One deposit → three edges that stack👌 • 4.75% sUSDC base yield • Additional yield from MUX trading fees • SPK points, points, points Turn your stables into multitaskers. 🧵
2/ What’s sUSDC? It's USDC, but with yield. You get it by depositing USDC into the @sparkdotfi Savings Vault → get sUSDC, a yield-bearing version of USDC. But MUX automates this process for you. Swap USDC ↔️ sUSDC directly on the MUX Liquidity page.
3/ Where does the 4.75% sUSDC Base Yield come from? 1. Stability fees from over-collateralized CDPs on @SkyEcosystem 2. RWAs via tokenized Treasuries (incl. T-bills) 3. Returns from automated liquidity deployment on @aave, @MorphoLabs, @CurveFinance & Spark Lend.
5/ Points, points, points As a @sparkdotfi integrator, MUX LPs are eligible for SPK Points: 3 SPK pts/day per 1 sUSDC deposited. Important: 🔈 Points only count if you convert USDC → sUSDC on MUX before depositing. Be sure to swap directly on the MUX Liquidity page!
This just in: Season 1 has ended and Season 2 is now live! The Sparksters are celebrating as the saga of giving back to the community continues. With Season 2, there are now even more ways to score points. Here’s all you need to know 👇
6/ "Where do I see my SPK points?" Head to the @sparkdotfi points page... they’re live now! The SPK points UI on the MUX frontend is coming thooon. Once it’s live, your past SPK points accruals from MUX will appear automatically.
7/ Checklist: 1. Pick a sUSDC pool that's the opposite of your bias. - Long view → fund the short pool. - Short view → fund the long pool. 2. Size risk, deposit sUSDC, stack base yield + fees + points. Do less. Earn more. Be the house.
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