Sonne USDT

Description

Sonne USDT vault on Beefy Finance earns yield by lending and borrowing USDT on Sonne lending protocol.

Risk Level — 'A'

Narrative

The strategy can be related to the “real yield” narrative as the returns are partially dependent on supply and demand dynamics for the USDT lending market on Sonne.

Why invest?

The vault is built atop reliable protocols and gives consistent yields on USDT holdings.

What’s inside?

USDT tokens are lent out on Sonne to earn lending APY, as well as Sonne rewards.

Safety Scoring

Simplicity - 5/5Longevity - 5/5Protocol safety - 4/5Overall score - 4.66/5

Strategy is easy to understand and execute. No leverage is involved. Losses are highly unlikely.

Strategy has been running for more than 8 months with no critical issues and no changes in code base

Utilized protocol has been audited by yAudit, and had no exploits or hacks in the past.

Low risk

Last updated