Curve’s Llamalend v2 Update Puts syrupUSDC Loop APR at 23.4%

Curve Finance’s Oct. 29 Llamalend v2 snapshot puts the modeled annual percentage rate (APR) for a 20x syrupUSDC loop at 23.4%, down from 37.1% a week earlier and below the sDOLA rate. The same snapshot listed 37.1% for sDOLA and 16.6% for sfrxUSD, making syrupUSDC the second-highest of the three positions. In the Oct. 22 snapshot, syrupUSDC led at 37.1%, ahead of sDOLA at 35.0% and sfrxUSD at 26.5%. The syrupUSDC figure fell 13.7 percentage points between the two observations; the comparison does not represent returns earned by borrowers.

Source: TokenPost