Archimedes x Beefy Partnership Brings 20% APY Stablecoin Yields To Ethereum

Life just got that much better for liquidity providers to Archimedes’ lvUSD/3CRV pool on Curve Finance. Archimedes has partnered with Beefy finance, one of DeFi’s oldest and most trusted yield aggregators.

With our Beefy partnership, lvUSD LPs can now autocompound rewards, passively building their stablecoin position in a truly set-it and forget it setting.

Here’s how to get started with the lvUSD pool on Beefy, in just 3 steps.

Step 1: Visit Curve.fi and search for lvUSD in the “pools” tab.

Step 2: Deposit stablecoins (USDT, USDC, or DAI) for lvUSD/3CRV LP tokens, which earn trading fees.

Step 3: Visit Beefy and deposit your LP tokens.

Use the dashboard on Beefy to check up on your position without the need to exit.

If you ask the G(r)eeks, there’s no need to sell in may and walk away when you’re earning stablecoins at a dynamic emission rate that competes with the top 10 stablecoin pools on Ethereum.

Want to learn more about Archimedes? Visit the Archimedes whitepaper, available on our homepage at Archimedesfi.com, and to follow us on social media and Discord.

Originally published at https://medium.com on May 1, 2023.