Fuse Pool Analysis

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

    In this dashboard, let me find the same Fuse Pools that both DAI and USDC Vaults used to seek yield and identify the differences.

    Below is the visualization about Fuse Pools for DAI vaults over time.

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    Based on the result, there are 05 Fuse Pool used by DAI vaults: 1 - Compound, 2 - Aave Protocol V1, 100 - Tetranode Pool Dai, 101 - Tetranode ETH Pool, 102 - Olympus Pool Party .

    One of the most interesting fact is that on 01-Nov, 2021, pool 100, 101 and 102 had the highest amount, which was 7M in each. From 30-May, 2021 to 01-May-2022, the amount deposited in Fuse Pools decreased considerably. Clearly, as is shown in the chart, Fuse Pools for DAI vaults work more effectively in 2021 than 2022.

    Below is the visualization about Fuse Pools for USDC vaults over time.

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    During the time of conducting SQL, I see that pool ‘3’ has the super huge amount, which may be an error from system so I decide to ignore this pool.

    Based on the result, there are 10 Fuse Pool used by USDC vaults: 1 - Compound, 2 - AAVE, 100 - Fuse R4: USD Coin, 101 - Tetranode ETH Pool, 102 - Yield USD Coin, 103 - WOO pool USD Coin, 104 - Cartesian, 106 - PoolTogether Deposit Tokens USD Coin, 108 - Olympus Pool Party USD Coin, 109 - Fuse-6 USDC.

    On 06-Nov, 2021, pool 101, 108 and 109 had the highest amount, which was 10M in each. From 05-May, 2021 to 10-May-2022, the amount deposited in Fuse Pools decreased considerably. Clearly, as is shown in the chart, similarly, Fuse Pools for USDC vaults work more effectively in 2021 than 2022.

    In conclusion, it is true that both DAI and USDC Vaults used the same pools to seek yield, which are Compound, AAVE and Tetranode ETH Pool. The difference comes from their amount deposited in pools as chart above.