The three best yield avenues on Starknet (for reference only)
· Deposit USDC in Paradex Gigavault for a 26% USDC yield and points rewards
· Deposit USDC in the Extended machine gun pool for an APR of 29% and points rewards
· Vesu's borrowing rates are currently very low; deposit ETH, BTC, or STRK to borrow USDC
the 3 best farms on Starknet right now (imo, nfa, dyor, stay safu)
1. Paradex
Deposit USDC in the Gigavault to earn:
- 26% paid in USDC, generated from market making, fees, and funding rate farming
- Paradex XP (DIME TGE is less than 6 months away, just saying)
2. Extended
Deposit USDC in the Extended vault to earn:
- 29% APR paid in USDC, generated from market making, fees, and funding rate farming
- Extended XP
Note: the cap is currently full. You’ll need to wait a few days/weeks and follow Extended on Discord to catch the next opening.
3. Vesu borrowing rate
Vesu borrowing rates are currently extremely low, making it very easy to generate yield on top.
Example:
- Deposit ETH, BTC, or STRK on Vesu, borrow USDC, and deposit these USDC on Paradex and/or Extended vaults
- Looping strategy: thanks to DeFi Spring incentives, you’re literally being paid to borrow (lending rate > borrowing rate)
Who said there’s nothing to do in DeFi on Starknet?
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