Fuse Pool Analysis
Q3. Are the DAI and USDC Vaults using the same Fuse Pools to seek yield? What differences can you identify?
Rari Capital is a DeFi dApp on Ethereum that maintains a variety of protocols for yield production and delivery. Website.
- Find the amount of DAI in the vault that goes into Fuse Pools.
- Find the amount of USDC in the vault that goes into Fuse Pools.
- Analyse the difference between DAI and USDC vaults.
According to data on the DAI Vault.
DAI Vault has roughly 52.7 million DAI in the vault (data from 21 Mar 2022).
The graph shows Rari Capital's DAI allocation on Fuse Pools.
Fuse6 has the highest proportion of allocation, at 42.2 percent (22.3 million), followed by Fuse18 at 36.2 percent (19.1 million), and Fuse7 at 21.5 percent (11.3 million)
According to data on the USDC Vault.
USDC Vault has roughly $88 million USDC in the vault (data from 21 Mar 2022).
The graphs represent Rari Capital's USDC allocation on Fuse Pools.
USDC has been divided into eight pools in the vault, but only three pools have more than 10 million USDC. Fuse7 had the most USDC allotment, with 31.3 million USDC, followed by Fuse6 with 30.7 million USDC and Fuse18 with 24 million USDC.
First, let's look at the details of both DAI and USDC vaults being allocated.
The charts compare DAI and USDC allocation. We can clearly see that there are three Fuse pools that have both USDC and DAI (Fuse18, Fuse6, Fuse7)
The difference between each vault is
--> USDC, we can say that 88 million is allocated to the main three pools (Fuse18, Fuse6, Fuse7) the other five pools have less than 400k USD allocated.
--> DAI, on the same page, 52.7 million is allocated to (Fuse18, Fuse6, Fuse7)
--> We can see that there is only three pool that has a high value in both USDC and DAI which is Fuse18 (24.8 USDC <-> 19.1 DAI), Fuse6 (30.7 USDC <-> 22.3 DAI), and Fuse7 (31.3 USDC <-> 11.3 DAI) (in millions).
- The DAI Vault on the Rari Capital has been distributed across the three primary fuse pools (Fuse6, Fuse18, Fuse7).
- The DAI vault has approximately 52.7 million DAI.
- The USDC Vault on Rari Capital has been dispersed among the main 8 Fuse pools.
- There are five USDC pools with a total value of less than $400,000.
- Rari Capital's USDC vault has around 88 million USDC.
- Fuse18, Fuse6, and Fuse7 are the only three pools with high USDC and DAI values.