Supply liquidity

Anyone can become an LP and earn yield on their USDC by supplying liquidity to the protocol. When you do so you will receive an ERC-20 yield token representing your share of the pool, which you can redeem at a later date of your choosing. The protocol does not have a lockup period. However, the commission (1%) is charged at the time of redeem, which means that redeeming prior to some interest accruing over time can result in a minor loss.

The supply rate is floating, and largely depends on utilization levels. At the target utilization rate of 80% you can expect to earn ~8% APY.

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