1/ The ticker is $USDC

Gauntlet rewards are live on Gauntlet USD Alpha.

Current TVL: $5.7M
Current APY: 12.03%

Delivering an alpha strategy on stablecoins worthy of the name means taking advantage of a wider scope of onchain opportunities.

Explore the vault and read more👇

Economic modeling for crypto. Research, optimization, and risk management for DEX, Lending, Perpetuals, (Re)staking, Stablecoins, and Ecosystems.


gauntlet.xyz

2/ How it works

USDC incentives on the vault are streamed via 
@Sablier
 on a recurring basis.

Supply and rewards are non-custodial and can be withdrawn to your wallet anytime.

Explore the vault on the Gauntlet App:

3/ Gauntlet and USDC: A brief history

$355 million in USDC-denominated Gauntlet vaults
↓
28% of our TVL across protocols
↓
3.4% of all USDC-denominated yield strategies
↓
0.6% (!) of the sum total of USDC circulating supply

Data from @DefiLlama and @vaultsfyi

The app for earning onchain — discover yields, deposit funds, and track positions in one place. Built by wallfacer.io.

4/ Read more in our X article: https://x.com/gauntlet_xyz/status/1945566744950538441

Join Gauntlet Office Hours on TG:

Gauntlet

4/ Read more in our X article: https://x.com/gauntlet_xyz/status/1945566744950538441

Join Gauntlet Office Hours on TG: https://t.me/+qTLcaTeLzdM5Zjgx