Try Quests to earn cryptoRari Capital - Fuse Pool Analysis
Q3. Are the DAI and USDC Vaults using the same Fuse Pools to seek yield? What differences can you identify?
Date: 2022-05-22
In this analysis I investigate the DAI and USDC Pool Allocation on Rari Capital / Fuse Pools.
All data is from between June 26th, 2021 and May 22th, 2022
Methods
- queried and filtered ethereum.events_emitted
- timeframe 2021-06-26 - 2022-05-22
- manual research on the pool names on https://v2.rari.capital/
- Excluded: Fuse Pool 3: Rari DAO Fuse Pool (Community) (internal pool)
What is Fuse?
Fuse is the first truly open interest rate protocol. Lend, borrow, and create isolated lending markets with unlimited flexibility.
Source: https://app.rari.capital/fuse
Pool Overview:
- Fuse Pool 1: Rari DAO Fuse Pool (Core)
- Fuse Pool 2: Rari DAO Fuse Pool (VC)
- Fuse Pool 100: Rezerve's WenPool
- Fuse Pool 101: Phil's OHM Pool
- Fuse Pool 102: DeFiGeek Community Pool
- Fuse Pool 103: Rezerve's WenPool
- Fuse Pool 104: PebbleDAO
- Fuse Pool 106: deopon
- Fuse Pool 108: Harvest Farmers' Market
- Fuse Pool 109: SW DAO Pool
Source: https://app.rari.capital/fuse
Looking at the $DAI and $USDC Pool Allocation in the charts above we can mention that $USDC uses the same pools as $DAI but uses also 5 more different pools!
We can see that more USDC is allocated in general. Only in October it was more DAI than USDC.
Conclusion
- Generally those Pools doesn't seem to be very frequented.
- Both stablecoins share 5 pools and only USDC uses 5 more different pools.
- USDC is distributed between 10 pool, where only 5 seem relevant.
- In DAI only 3 pools seem relevant and in USDC only 5 seem relevant.
- Some pools are less used.
Thanks for reading!
This analysis was created on 2022–05–22 for a bounty at Flipside Crypto by piper to answer the following questions:
Rari Capital - Fuse Pool Analysis: Q3. Are the DAI and USDC Vaults using the same Fuse Pools to seek yield? What differences can you identify?
All data used are from Flipside Crypto. Flipside Crypto
