IdleUSDC (Yield) IDLEUSDCYIELD

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$1.22 +0.0%

Market Cap

$0.00 (#10687)

Supply

0.00 / 337,363.00

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$1.21
52W High date	25th Dec 2024 (1 month ago)
All Time High (ATH) Date	25th Dec 2024 (1 month ago)
ATH Price	$1.21
All Time Low (ATL) Date	1st Aug 2020 (4 years ago)
ATL Price	$1.01
% From ATL	19.85%

Supply & Trading Volume
Total Supply	337,363.00

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Description

IdleUSDC (Yield)

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IdleUSDC (Yield)

IdleUSDC is a decentralized finance (DeFi) product offering a yield-earning opportunity for users with USDC assets. It aggregates multiple lending markets to optimize interest rates, ensuring users receive the best possible yield. The platform uses an algorithmic optimization model to continuously monitor interest rates across various DeFi yield sources and rebalance funds to maximize returns.

IdleUSDC allows users to deposit their USDC, which is then programmatically allocated across integrated lending protocols, such as Aave and Compound. Users receive idleTokens in exchange, which can be redeemed for their underlying assets at any time. The idleTokens increase in value over time, reflecting the interest earned from lending.

IdleUSDC offers benefits such as gas fees savings, participation in the Idle liquidity mining program, and the potential to earn governance tokens like COMP or AAVE. Additionally, integrators can easily integrate new yield sources or assets into the vaults, which simplifies the process for those using the platform.

IdleUSDC is part of the broader Idle ecosystem, which includes Senior Yield Tranches designed to maintain a conservative risk profile while improving the yield spectrum. Overall, IdleUSDC provides a user-friendly and optimized yield-earning experience for USDC holders.

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