Lately I have been getting into stablecoin yield farming, and to date I have funds invested in 5 separate platforms. Part of the attraction of stablecoin liquidity pools is that the risk of impermanent loss is negligible.
Now I am considering the following liquidity pool via Beefy Finance.
The APY is high, greater than any of my other yield farming platforms, but I had not heard of USDL before. The link here explains USDL, and while it makes sense, it is obviously quite new ... which perhaps explains why the APY is high.
Curve has been around for an eon in crypto world timeframes, and Beefy Finance does not offer an auto-farming service on a Liquidity Pool without first doing their own due dilligence. Hence, I expect that the above Fantom/Curve liquidity pool will be good.
