Q3. Are the DAI and USDC Vaults using the same Fuse Pools to seek yield? What differences can you identify?

Approach:

The Fuse pool is a group of isolated pools that users enter and exit lending and borrowing positions by the use of unique assets and settings to earn yield. Two of the famous vaults that participated on Fuse pools are DAI and USDC vaults.

To get extra info about Fuse pool, visit its website.

The methodology of this essay contains the following steps:

• To capture the allocation Fuse pools:

  from flipside_prod_db.ethereum_core.fact_event_logs
  where CONTRACT_ADDRESS = '0x66f4856f1bbd1eb09e1c8d9d646f5a3a193da569' stands for USDC
  where CONTRACT_ADDRESS = '0xafd2aade64e6ea690173f6de59fc09f5c9190d74' stands for DAI
  and EVENT_NAME='PoolAllocation'
  and TX_STATUS='SUCCESS'
  

• The Decimals of USDC is 6 and DAI is 18 and these are necessary for capture the exact amount.

Results:

The most used pools on Fuse pools for USDC vaults have been displayed through these graphs. According to them, the pool 101 has contains the 65% of transactions and over 60 million USDC and these values made it most used pool by vaults of USDC.

The most used pools for DAI vaults have been presented in its related graphics.

The pool no 100 and 102 have the highest volume of DAI with 33.67 and 23.89 million DAI.

Additionally, these two pools capture more than 86% of transactions by DAI vaults.

The final part presents the common pools between USDC and DAI vaults.

According to the bar type figure, the pool no 101 has the highest application between USDC vaults and pool no 100 stands as same for DAI vaults.