In the defi space, everyone want the best APY with the minimum risk.
I made a research and build a viable strategy base on a multiples protocols.
I developed a neutral strategy that can generate a least 30 APY% with a low risk factor directly paid in USDC. I look forward to contribute with you guy. (sorry for any miss spelling My english is not my first language)
My strategy is base on a multi protocol audited.
deposit usdc in Barnbridge vault strategy neutral market (to be created → BstUSDC)
1.Proxy deposit USDC in AAVE or Compound via INSTADAPP (earn 3% ish INST)
Borrow 60% USDC from AAVE or Compound (Paid 3-4% usdc )
Deposit 50% the borrow usdc in DyDX exchange ( earn (open position )% dydx )
Open Short postion at 1.25x leverage (earn ± 30-150 % funding rate)
Deposit 50 % the rest of usdc in perpetual exchange
Open long position at 1.25x leverage (earn ± 30-200% funding rate)
Convert Dydx and INST monthly in BOND.
holder of barnbridge BstUSDC earn reward every month claimable in bond. (exemple 1 millions USDC result after 1 month of:
A. 120 INST → 1000 usdc
B. ?? dydx base on (open position/total volume market ) estimated 300
dydx ->? usdc no price listed from now
C. 9200 USDC from funding rate (base on 30% APY funding rate)
D. 100 $ in treasury
F. paid usdc COMP or AAVE pool every 3 monthy
1% go to the barnbridge treasury for futur dev.
Attract more user on BOND for a nice strategy and add more value on Bond systeme.
Need to create a pool on Barnbride for BstUSDC .
Need a proxy wallet on INSTADAPP for open vault on COMP or AAVE
Open a dydx account (reach team)
Open a perpetual account (reach team)
audit protocol BstUSDC
Link to all of the materials necessary for the proposal to be better understood.
For better understanding
Describe some reasons
minimum 30% apy in usdc
3% in INST
?% in dydx
na 30 % is low