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Where to Allocate ETH and Stablecoins for Yield Farming Now?

This morning, I found myself pondering where I could allocate my ETH and stablecoins for yield farming, but I couldn't find any suitable options. Most strategies involve pairs with wrapped tokens like weETH/wrsETH or using re-staking and lending protocols. On the Ethereum network, the reported APRs are around 10%, but actual offers are quite limited. Etherex, for example, provides over 25% APR on ETH pairs with wrapped tokens, but this is only within a very narrow range that isn't practically sustainable. Likely, after a few hours, one of the assets will be swapped out, and the position will be forced out. In more typical ranges, the APR drops to 10-14%, mainly during Epoch 0 when rewards are distributed directly by the protocol team. Other options I encountered are generally underwhelming with less than 5% APR. For stablecoins, the situation mirrors ETH options. The most reasonable choices include pairing stablecoins with USD0/USD0++ to earn about 16% APR in $USUAL, especially considering the potential for growth following the buyback program. Based on chart analysis, $USUAL could reach around $0.2, potentially offering nearly 40% APR on stablecoins. Additionally, on Ekubo, it's possible to stake within a range of USDT/USDC with a yield of 12-13%, although this boosted APR lasts only about 24 days. Other interesting options seem limited, and I also staked in a public pool on Lighter, but the actual returns there are currently much lower than what the website suggests. I would appreciate your ideas in comments about where you're currently farming ETH and stablecoins, as I am looking for more reliable yield sources.
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AI Analysis

The current yield farming landscape for ETH and stablecoins appears challenging, with most protocols offering diminishing returns or unsustainable APRs. Protocols like Etherex claim high APRs of over ...

AI Recommendation

Considering the current DeFi landscape, I recommend diversifying your ETH and stablecoin allocations across protocols that offer verified and sustainable yield opportunities. While high APRs like 25% ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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