Fuse Pool Analysis
Q3. Are the DAI and USDC Vaults using the same Fuse Pools to seek yield? What differences can you identify?
Rari Capital is a suite of decentralized finance protocols on a mission to bridge the gap between technical and non-technical minds, in order to bring the next wave of mass users into this industry.Fuse: Open interest rate protocol that provides users the ability to create and manage customizable lending/borrowing pools.
Yield Aggregator: An autonomous algorithm that rebalances users' funds into the highest-yield opportunities. Staked funds also provide liquidity to Fuse pools for borrowers.
Tranches: Peer-to-peer risk exchange protocol that utilizes the Yield Aggregator DAI pool for customized risk and return profiles.
Fuse is an open interest rate protocol that allows users to lend and borrow digital assets. The Fuse protocol enables anyone to instantly create and deploy their own lending and borrowing pool. This protocol allows users to choose all of their custom parameters and isolate risk, rather than using a large lending and borrowing pool on other platforms. Pools can be made public or private depending on the creator's preference.
The yield aggregator is our autonomous algorithm that searches for the highest yield through a collection of safety-assessed DeFi lending protocols. To participate, you can choose from three distinct pools to deposit into: USDC, DAI, and ETH. You will earn yield on your deposit, typically seen as APY%, and you may withdraw your funds at any time into any of our supported assets.
Our yield aggregator finds yield through partnered protocols as well as our internal Fuse protocol which collects borrowing and lending fees of customized assets.
In chart below we see the amount of allocated USDC in fuse Pools.we see 8 different pools for USDC.
- Pool 109
This pool has the most amount of USDC and the amount of USDC in this pool was 32M. - Pool 101
Ranked second for this pool and amount of USDC in this pool was very close to the previous one and it aorund 32M. - Pool 108
This pool is ranked third and the amount of USDC in this pool was 26M. - Pool 104,103,102 The amount of these three pool very close to each other and it was around 100K
So with the help of graphs we realized that the popular pool for USDC was pool 109 with 32M USDC and 35.3% total number of USDC.
Let's see the pools of DAI.
- Pool 100
This pool has most DAI.The amount DAI of this pool was 23.5M. - Pool 102
Amount DAI in this pool was 19.5M. - Pool 101
This pool is ranked third and the amount of DAI in this pool was 11.8M.
Mots popular pool for DAI was Pool 100 with 23.5M DAI and 43% Total number of DAI.
From the volume of DAI and USDC in the pools, we find out that USDC is more popular than DAI so that the amount of DAI in pools was around 54.8M but the amount of USDC was around 92M.
USDC has more pools due to its greater popularity.
Thanks for reading
All data used are from Flipside Crypto.
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