Grow your USDC.e with Oh! Finance on Avalanche Defi Index using Aave, Banker Joe, & Benqi
OH! Finance are live on Avalanche!
They have steamed ahead relentlessly to validate and deploy their first strategy on the protocols operating on Avalanche. They reinforced their team with extra resources, and they are ahead of our schedule! They expect to further speed up all their developments, including the new UI, Ethereum strategy updates, cross-chain integration, and liquidity expansions!
The modular nature of our framework allows for them to seamlessly add indexes and update the underlying strategies, a big step towards composability that will work hand in hand with the Oh governance approach for users to create the product they want to use. A more detailed article with their architect and dev team will explore how composability works and what they have planned for their users on their roadmap.
Though in the meantime, it allowed them to have their strategies proven to be effective on Ethereum, with yield rates fluctuating between 6 and 10.89%, outperforming comfortably the underlying protocols (Aave, Curve and Compound), their returns ranging between 2.9% and 4.98%. They expect even higher performance as they refine their strategies on Avalanche!
They are excited to offer a platform to optimize simultaneously on several protocols to extract the best possible yield, and it works! They are just getting started with the Aave, Banker Joe and Benqi strategies, expect more to be deployed in their quest to for the maximum yield return.
Stake USDC.e on Oh Finance
How to get hold of USDC.e to stake on Avalanche:
Option 1: Bridge USDC from Ethereum to Avalanche with the official AB bridge
Option 2: Buy AVAX on a centralized exchange (like Coinbase, Gate.io, Binance, etc), send it to your MetaMask on the c-chain, swap AVAX to USDC.e on Trader Joe
stake your USDC.e on Oh Finance!
About OH Finance
SOURCE
https://ohfinance.medium.com/its-live-9dbb807ed3a