Yields Keep Pumping Away and Three New Farms!

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It has been a little bit since I have written about Harvest and that hasn't been due to a lack of updates it has been because I knew my funds were safe and I knew I didn't have any time to jump into any new pools at the moment. Now with my first full week knocked out and a lot off of my mind/plate I was able to take a moment and investigate. 

I currently have assets deployed in three different farms on the Ethereum chain as I never quite got around to partake in the Polygon chain but I really hope to change that soon. All three of my farms have had impressive yields the last few weeks and I am very very satisfied with how they have developed.

Starting with the previous tipping token FARM the yield is a nice solid 15.83% APY and with it being deposited via iFARM it auto-compounds which is something I love. Since FARM is bought back by the platform and distributed to FARM and iFARM hodlers the APY tends to fluctuate and while I wish it was higher I have no complaints with the level it is at. 

Next up is my one pairing and that is DAI-ETH pairing I deposited in the Uniswap V3 pool with an ETH range of 1.9k-3.5k. I have had this deposit in this farm since its launch and have ridden out the deactivation and reactivation of it. I have to say I absolutely crushed it with how well this pool has performed for me and while the APY has fallen down to 38.65% this is broken down to 1.73% iFARM and 36.92% Uniswap Fees! With the price of ETH has traded within this range I have just been stacking these fees like there is no tomorrow!

The last farm is my original farm that I have the utmost trust in. The DAI stablecoin farm has been a true VIP as it continues to deliver a slow but steady stream. It is nothing fancy by any means as it is not going to make you rich but what it does do is maintained. This farm leverages both Compound Finance and Idle Finance to get users the best bang for their buck! Currently, its APY is 5.08% but almost all of this is pure DAI as the FARM APY is just 0.20% leaving 4.88% APY in DAI! 

The three new farms are split between the Ethereum and Polygon Blockchains like I have come to expect. It has been months since BINANCE Smart Chain has had an addition and I personally feel it has fallen out of favor big time.

On the Ethereum Chain, the newest farm is part of a partnership with a yield farming protocol that focus's on Uniswap V3 farms. The pairing is Uniswap V3 UNT-ETH and does not have a stated range. UNT is the governance token of Universe Finance which rather than taking a passive yield farming approach is very hands-on. Universe Finance utilizes risk ranking and quantitative strategies to get the best results for its users and while some protocols offer a variety of services across platforms Universe focuses on Uniswap V3 pools. The way that they are structured helps LP best increase their stakes via rebalancing and it is pretty interesting to read about. This farm is offering an APY of 891.91% broken down to 5.44% iFARM, 879.09% in UNT, and finally 7.38% in LP fees. 

On the Polygon Chain, the two new farms are from Curve Finance. The first one is Curve: aTriCrypto3 which is yielding 18.23% APY broken down into 11.83% CRV, and 6.40% miFARM. Curve's aTriCrypto3 is a mixture of DAI, USDT, USDC, WETH, and WBTC to provide the pool with a ton of stability making this APY really pretty great considering the low transaction cost on the Polygon chain! The second farm is Curve: EURT-UST with a yield of 10.29% APY broken down to 6.97% CRV and 3.32% miFARM. This blend is Tethers EURt, DAI, USDT, and USDC and is another one that is going to be interesting to watch with the Russian invasion of Ukraine throwing Europe into some upheaval. 

Please know I am not a financial advisor I am just someone who picked up on a trend and wanted to express it! Makes sure you always do your own research and never invest money you cannot afford to lose! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_

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