kowei.iota
kowei.iota
IOTA+0.38%
MAGIC-1.20%
USDC0.00%
IOTA DeFi Yield Farming Update Currently, the only active yield farming on @PoolsFinance is stIOTA/VUSD. (Those who previously deposited in the stIOTA/IOTA LP should withdraw and claim rewards, as that program has ended.) stIOTA/VUSD Pool APR: ~26% Conversion of IOTA to stIOTA remains the same process as before through @swirlstake . How to Obtain VUSD Method 1 – Easier Route Bridge USDC to IOTA EVM via Stargate 👉 Swap USDC for VUSD on MagicSEA (pool liquidity ~$1M TVL) 👉 Use the official IOTA bridge to transfer VUSD from EVM to MOVE VM 👉 Deposit VUSD together with stIOTA into PoolsDEX Farm 👉 Method 2 – @Virtue_Money CDP Strategy Deposit ⅔ of your stIOTA into Virtue to borrow VUSD Collateral ratio: 200% Interest: 5% (base rate 6% – 1% subsidized) 👉 With 3,000 USD worth of stIOTA, deposit 2,000 USD into Virtue and borrow 1,000 VUSD. Pair the borrowed 1,000 VUSD with the remaining 1,000 USD worth of stIOTA to form a 2,000 USD stIOTA/VUSD LP.Stake the LP in PoolsDEX Farm for yield. Protocol References Swirl LST (stIOTA staking): Virtue CDP: Pools DEX: Stargate Bridge: MagicSEA DEX: IOTA Official EVM Bridge:
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