Research Summary
The report provides an overview of eight farms in the Arbitrum ecosystem, highlighting their yield rates and unique features. The farms include Pendle, Camelot, Stella, Perennial, Silo Finance, Trader Joe, Angle Protocol, and GMX. The report emphasizes the potential yields and incentives offered by these farms, particularly in light of the ARB STIP season.
Key Takeaways
Yield Farming Opportunities in the Arbitrum Ecosystem
- Pendle’s Lucrative Yields: Pendle, a yield farming platform, offers attractive yields with ARB incentives recently going live. The report highlights several pools with APRs ranging from 41% to 170%.
- Camelot’s Potential Incentives: Camelot, the premier DEX of the Arbitrum ecosystem, has been approved for a 3M ARB grant. The report suggests that the incentives from this grant could significantly boost yields in the near future.
- Stella’s High Yields: Stella, a leveraged yield farming protocol, offers users the opportunity to lend tokens for double-digit APRs or farm blue-chip pairs with up to 5-10x leverage. The report highlights potential yields of up to 797% APR.
- Perennial’s Vault Depositors: Perennial, a perpetual exchange leveraging isolated pools for each market, offers vault depositors a 103% APR by providing liquidity for BTC/ETH. The report also notes that Perennial is yet to launch a token, potentially qualifying depositors for an airdrop.
- Silo Finance’s Lending/Borrowing Markets: Silo Finance, a risk-isolated lending/borrowing market, has used their ARB STIP grant to incentivize lending/borrowing markets for various assets. Users can lend, borrow, and loop for up to 30-50% APR using USDC, ETH, and various other Arbitrum native alts.
Actionable Insights
- Investigate the Potential of Pendle: With ARB incentives recently going live on Pendle, there may be lucrative yields to take advantage of. Consider exploring the various pools on Pendle for potential yield farming opportunities.
- Monitor Camelot’s Incentives: Given Camelot’s approval for a 3M ARB grant, it may be beneficial to keep an eye on the platform for when these incentives go live. This could present an opportunity for increased yields.
- Consider Stella’s Leverage Options: Stella offers the opportunity to farm blue-chip pairs with up to 5-10x leverage. If you’re comfortable with the associated risks, this could be a way to potentially increase your returns.
- Explore Perennial’s Vault Deposits: Perennial offers a 103% APR for vault depositors providing liquidity for BTC/ETH. If you’re interested in providing liquidity, this could be a worthwhile option to explore.
- Assess Silo Finance’s Lending/Borrowing Markets: Silo Finance’s incentivized lending/borrowing markets could offer a way to earn up to 30-50% APR. If you’re comfortable with lending and borrowing assets, this could be a potential avenue for returns.
