The GammaSwap WETH/USDC pool which the gETH token is using to hedge IL is paying 8% in real yield and 64% in esGS rewards (GS with a 30 day vest). It has the same IL risk as UniV2 with utilization risk similar to lending markets gETH is paying 13.68% yield on gETH with 2.75M
WETH/USDC Base pool available here:
3.34K
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