Stable Genius Mid Cap Stablecoin Pool (Community Managed)
Community-managed multi-venue, multi-chain, pool for stablecoins with$20M-$1BN market caps
Pool composition
Analytics
Description
The pool strategy deploys into DeFi protocols that offer yield for mid-cap stablecoins (tokens with market caps between $20M-$1BN) through lending or AMM liquidity provisioning. Whales deposit in USDC on Base. Decentralized exchanges (DEX’s) and cross-chain bridges are used to access the best rates across approved venues. The pool strategy diversifies risk by deploying across venues and setting limits on higher risk tokens and yield sources. .
Methodology
Core Parameters
- Funding Token - USDC
- Funding Blockchain - Base
- Maximum Initial Pool Size - 100,000 USDC
- Minimum Deposit Amount - 1 USDC
- Target Yield - 15% AP
Venues
- Yield: Aave, Morpho, Ethena, MarginFi, Scallop, Aerodrome Finance, Curve, Cetus, Kamino Finance, Navi protocol
- Swap: Uniswap, 1inch, Curve, Jupiter
- Bridge: Stargate, Portal (Wormhole)
Tokens
USDC, USDT, DAI, USDe, sUSDe, Bridged USDC, PYUSD, crvUSD, GHO, eUSD, USDz, USDP, DOLA, sUSD, USD0, USD+
Blockchains
Ethereum, Arbitrum, Optimism, Polygon, Avalanche, Base, Solana, Sui
Portfolio Concentration Limits
- No venue over 60%
- No blockchain over 60%
- No more than 60% in any one token
Early Amortization Trigger
Total Pool Value < 95% of Total Deposits
Fees
Agent Servicing Fee
2% annualized
Agent Profit Share
10%
Risks
Depeg Risk
Any issues with $USD backing or protocol design could lead to stablecoins trading at a discount to $USD
Smart Contract risk
Issues with lending protocol smart contracts could lead to loss of funds
Swapping / Bridging Risk
Issues with slippage, fees, or bridges could lead to increased fees or loss of funds.
Mitigation
These risks are mitigated by the pool members reviewing and agreeing on what stablecoin markets, protocols, and bridges to use. Only fully-audited protocols are eligible. Pool managers will not swap or bridge unless yield can compensate for fees.
Notes
Deposit Lockdown Period
Deposits will be pending for 1 hour before being approved or refunded
Withdrawal Period
Withdrawals will be processed 7 days after requested
Whales Yield
Whales receive yield upon withdrawal
Governance Forum