# DeFi Vaults Issue #67 > DeFi Market Research **Published by:** [Defi Vaults](https://paragraph.com/@defivaults/) **Published on:** 2023-08-15 **Categories:** defi, blockchain, yieldfarming **URL:** https://paragraph.com/@defivaults/defi-vaults-issue-67 ## Content ⚡️What’s new?⚡️🏦 Stablecoin Vault Spotlight: USDT/USDC.e 14% APY! 🧪 Yield Farming 101: Weighted Stablecoin basket via Picnic Protocol 🐦 Last Week in Crypto Twitter (CT): Reserve Protocol rebrand, Bullish case for crypto in Thailand, Solana developer interviews Anatoly, and more 🏦 USDT/USDC.e 14% APY!The MAI/USDC.e pair on Beefy Finance (Via Arbitrum) has a 18% APY! It's also averaged a 19% APY since it's inception!📑 Liquid Staked TokensMATICx LP - 4.8% (StaderLabs)mSOL - 7% (Marinade.Finance)sAVAX - 6% (BENQI)frxETH - ~5% (Frax Finance)ETH+ - 3.7% (Reserve Protocol)📑 Stablecoin Yields ListEthereum$eUSD+FRAX/USDC - 8% APY (BeefyFinance)$hyUSD/$eUSD - 14% APY (CurveFinance)$MIM/$DAI/$USDC/$USDT - 9% APY (BeefyFinance)$R-DAI - 9.6% APY (BeefyFinance)$TUSD/$DAI/$USDC/$USDT - 9.85% APY (BeefyFinance)$USDT - 6.25% APY (IronBank)Polygon$DAI (gDAI vault) - 3% APY (GainsNetwork)$DAI/$USDR - APY N/A (BeefyFinance)$jEUR/$PAR - 6.44% APY (BeefyFinance)$MAI/$USDC - 1.35% APY (BeefyFinance)Optimism$USDC (hot tub) - 3.10% APY (Perp Protocol)$jEUR/$agEUR - 5.42% APY (BeefyFinance)$LUSD/$DAI - 5.5% APY (BeefyFinance)$LUSD/$USDC - 6.5% APY (BeefyFinance)$LUSD/$USDT - 8.10% APY (BeefyFinance)$MAI/$USDC - 12% APY (BeefyFinance)Avalanche$MAI/$DAI$USDC/$USDT - 4% APY (BeefyFinance)$MAI/ $USDC - 6.5% APY (BeefyFinance)$MIM/$USDT - 16% APY (TraderJoe)Arbitrum$agEUR/$USDC.e - 8.74% APY (BeefyFinance)$DAI - 6.9% APY (BeefyFinance)$MAI/$USDC.e - 12% APY (BeefyFinance)$MIM/$USDC.e/$USDT - 10.10% APY (BeefyFinance)🧪 Yield Farming 101StrategyPicnic protocol, on Polygon, allows you to create custom weighted baskets of yield bearing assets. We can use Picnic to create a basket of diversified stable coins. All rewards are auto-compounded into the original position with the ability to rebalance at later dates. Create a basket with USDC/DAI, USDC/axlUSDC, and jEUR/PAR on PicnicWatch the basket and rebalance with other assets to achieve your desired APYRisks:Stablecoin depeg riskSmart contract risk🐦 Last Week in Crypto Twitter (CT)Reserve Protocol rebrand: Reserve @reserveprotocol 1/ Reserve has refreshed its brand, and has a new website. Experience it at reserve.org. Drop in to the backstory 274 1:13 PM • Aug 10, 2023 Security Researcher shares resources for understanding Lending markets: anon @ShieldifyAnon DeFi Lending Concepts: Discussing: How DeFi Lending Protocols Work - Two Parts: 1. Lending and Borrowing: Link: blog.smlxl.io/defi-lending-c… 2. Liquidations: Link: blog.smlxl.io/defi-lending-c… 90 3:23 AM • Aug 13, 2023 Is Thailand the next hub for crypto? Sanjay shares his bullish take: Sanjay P. #BGTH2023 @P23Sanjay Why am I bullish on Thailand ? - over 2.9 million registered user on local exchange - ranked 8th on Crypto Adoption index by @chainalysis - one of the first countries with licenses regulated by Thai SEC - 2 of the local largest bank (Kbank, SCB ) have dedicated fund into web3 36 5:15 AM • Aug 11, 2023 Helium Mobile launches unlimited text/talk and data for $5/month for Miami residents: Decrypt @decryptmedia Helium Mobile Debuts Crypto Wireless Network in Miami—For $5 a Month ► decrypt.co/152533/helium-…" target="_blank">decrypt.co/152533/helium-… https://t.co/kl3LNwQxNi decrypt.co Helium Mobile Debuts Crypto Wireless Network in Miami—For $5 a Month - Decrypt Powered by the Helium network, the hybrid mobile carrier takes its first public steps with a cheap unlimited plan and crypto token rewards. 348 12:01 PM • Aug 15, 2023 Aave's GHO stablecoin experiences depeg: 0xlide.lens ฅ•ω•ฅ @0xLide Aave DAO is silly not to take issue with GHO's temporary depeg. If it's a stablecoin that depegs significantly even for a moment I wouldn't use it as a payment infrastructure. crvUSD is more suitable. Sébastien Derivaux @SebVentures It's not so much that GHO is 3% below peg (which makes sense with the current design and subsidies), it is that the market don't believe governance will fix it in the next few months. What do you think? Opportunity or trap? 2 5:52 AM • Aug 12, 2023 Mert from Helius Labs interviews Anatoly to discuss the future of Solana: rpc mert | helius.dev @0xMert_ the best solana episode of the year is out now w @aeyakovenko we talk about: - Solana vs L2s - why Toly is still here - when Toly would deem Solana a "success" - Solana BD criticisms - Toly's biggest Solana fear - decentralization - Solana's ultimate vision and thesis 360 10:21 AM • Aug 10, 2023 Binance Labs buys CRV to help Curve recover: Binance Labs Fund @BinanceLabs We’ve invested in @CurveFinance's CRV token with our full commitment to collaborate with the protocol and shape the future of the DeFi sector together. Read more binance.com Binance Labs Invests $5M in Curve DAO Token (CRV) and Supports Curve Deployment to BNB Chain |... Binance Labs has invested $5M in Curve DAO Token (CRV), a token of Curve, the largest stableswap and second-largest DEX. 1,169 10:02 AM • Aug 10, 2023 ## Publication Information - [Defi Vaults](https://paragraph.com/@defivaults/): Publication homepage - [All Posts](https://paragraph.com/@defivaults/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@defivaults): Subscribe to updates - [Twitter](https://twitter.com/defivaults): Follow on Twitter