Yield Strategies on the Avalanche network are not hard to find. With a robust DeFi scene, there are several sources of sustainable yield. Liquidity markets like Aave, Benqi Finance, and Platypus Finance all offer potential strategies for users.

Liquid Staking on AVAX

AVAX has 2 options for liquid staking. Benqi offers an sAVAX and Yield Yak offers a yyAVAX liquid staking solution. sAVAX has many more integration strategies at the moment. sAVAX and yyAVAX each yield ~7.5% apr (like a good beer).

A delegation strategy via the P Chain allows for locked delegations yielding ~8% apr.

$sAVAX on AVAX

Below is an overly simplified comparison of the average yield on sAVAX. Each strategy has different sources of yield and can be utilized to fit different investment goals. Products like Yield Yak allow people to gain and hold solely AVAX. Products like Platypus, Vector, and Echidna allow you to build more diverse portfolios by accumulating PTP and QI through inflationary rewards.

Products from Benqi, MoreMoney, and Aave allow you to collateralize your assets to borrow other assets. Benqi and Aave allow for a range of assets including USDC, USDT, wETH.e, wBTC.e, and LINK.e.

MoreMoney allows for a slightly different mechanism in which you borrow the stablecoin MONEY against deposited collateral.

$yyAVAX on AVAX

Moremoney offers a CDP for yyAVAX for which MONEY can be borrowed against.

Trader Joe has farming that uses yyAVAX and USDC in a double reward farm paying out in JOE and yyAVAX. I stake my JLP on Yield Yak to auto-compound the rewards

$AVAX on AVAX

Native AVAX can also be deposited into Aave, Benqi, Platypus, Moremoney, and Yield Yak. AVAX strategies are the most common, as it is the native asset. The highlighted strategies range from risky to safe, with the style of position playing a big role in safety. Single-sided staking is always safer than utilizing LPs, liquid staking, or CDPs. Platforms like Yield Yak specifically allow

Collateralized Debt Position (CDP)

Moremoney Finance offers a unique option for a CDP against deposited sAVAX. The stablecoin MONEY can be borrowed against deposited AVAX. MONEY can be staked for iMONEY which is an interest-bearing vault (yielding ~9%). For more MoreMoney content, see the previous article.

Teddy Cash and Yeti Finance offer up to 11x and 21x leverage opportunities on deposited $AVAX. These CDP protocols all you to borrow the native stable coin of each protocol. Both Yeti and Teddy are micro market cap token evaluations.

Liquidity Providing (LP Token Yield Farming)

Liquidity Providers access to yields offer the ability to hold AVAX and sAVAX simultaneously. Pairing up equal parts of AVAX and sAVAX allows you to tell Liquidity Provider (LP) tokens.

These tokens come with the risk of Impermanent Loss (IL). However, rates and emissions typically outweigh long-term IL risk when volatility is tracked together.

My personal choices for yield fall on a range. As previously discussed in the MoreMoney article, I enjoy utilizing the MoreMoney platform to Loop and Bulk positions.

My other strategies include staking my AVAX/sAVAX LP token on Yield Yak, to further compound the JOE into LP tokens.

Other LP positions I have open are the yyAVAX/USDC LP farming on Yield Yak and a small MORE/AVAX LP farming on Moremoney.

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Yield Strategies on the Avalanche network are not hard to find. With a robust DeFi scene, there are several sources of sustainable yield. Liquidity markets like Aave, Benqi Finance, and Platypus Finance all offer potential strategies for users.

Liquid Staking on AVAX

AVAX has 2 options for liquid staking. Benqi offers an sAVAX and Yield Yak offers a yyAVAX liquid staking solution. sAVAX has many more integration strategies at the moment. sAVAX and yyAVAX each yield ~7.5% apr (like a good beer).

A delegation strategy via the P Chain allows for locked delegations yielding ~8% apr.

$sAVAX on AVAX

Below is an overly simplified comparison of the average yield on sAVAX. Each strategy has different sources of yield and can be utilized to fit different investment goals. Products like Yield Yak allow people to gain and hold solely AVAX. Products like Platypus, Vector, and Echidna allow you to build more diverse portfolios by accumulating PTP and QI through inflationary rewards.

Products from Benqi, MoreMoney, and Aave allow you to collateralize your assets to borrow other assets. Benqi and Aave allow for a range of assets including USDC, USDT, wETH.e, wBTC.e, and LINK.e.

MoreMoney allows for a slightly different mechanism in which you borrow the stablecoin MONEY against deposited collateral.

$yyAVAX on AVAX

Moremoney offers a CDP for yyAVAX for which MONEY can be borrowed against.

Trader Joe has farming that uses yyAVAX and USDC in a double reward farm paying out in JOE and yyAVAX. I stake my JLP on Yield Yak to auto-compound the rewards

$AVAX on AVAX

Native AVAX can also be deposited into Aave, Benqi, Platypus, Moremoney, and Yield Yak. AVAX strategies are the most common, as it is the native asset. The highlighted strategies range from risky to safe, with the style of position playing a big role in safety. Single-sided staking is always safer than utilizing LPs, liquid staking, or CDPs. Platforms like Yield Yak specifically allow

Collateralized Debt Position (CDP)

Moremoney Finance offers a unique option for a CDP against deposited sAVAX. The stablecoin MONEY can be borrowed against deposited AVAX. MONEY can be staked for iMONEY which is an interest-bearing vault (yielding ~9%). For more MoreMoney content, see the previous article.

Teddy Cash and Yeti Finance offer up to 11x and 21x leverage opportunities on deposited $AVAX. These CDP protocols all you to borrow the native stable coin of each protocol. Both Yeti and Teddy are micro market cap token evaluations.

Liquidity Providing (LP Token Yield Farming)

Liquidity Providers access to yields offer the ability to hold AVAX and sAVAX simultaneously. Pairing up equal parts of AVAX and sAVAX allows you to tell Liquidity Provider (LP) tokens.

These tokens come with the risk of Impermanent Loss (IL). However, rates and emissions typically outweigh long-term IL risk when volatility is tracked together.

My personal choices for yield fall on a range. As previously discussed in the MoreMoney article, I enjoy utilizing the MoreMoney platform to Loop and Bulk positions.

My other strategies include staking my AVAX/sAVAX LP token on Yield Yak, to further compound the JOE into LP tokens.

Other LP positions I have open are the yyAVAX/USDC LP farming on Yield Yak and a small MORE/AVAX LP farming on Moremoney.

Thanks for reading Miner's Monday Meeting article! Subscribe for free to receive new posts and support my work.