I am attempting to bump this topic and get community feedback on adding more / aggressive SEFI rewards to stablecoin pairs, including cross chain pairs.
- USDT (ERC20) / USDT (BSC)
- USDT (ERC20) / BUSD (BSC)
- USDC (ERC20) / USDT (ERC20)
- UST (Terra) / USDT (ERC20) *once bridge goes live
As overall market is in crab / bear / unknown , more and more people are looking to go risk off. Secret provides a great way with low fees to LP, stake, claim rewards, shift to new pools. This also lets users enter via one bridge and exit via another with even more anonymity cross chain. (this can only be done if there is enough liquidity)
Polygon in particular has benefitted a lot from Stablecoin LPs that bring in liquiidty to to their layer.
People are aggressively looking for risk off stablecoin LPs, generally speaking rates for lower risk stable coin pairs are 10-30% APR, which SEFI could likely compete with.
(high degen / algo / ponzi stables offer more but people are becoming more and more skeptical with the amount of rug pulls, bank runs - see MALT, IRON FINANCE, SAFEDOLLAR)
I would love to see at least one or two pools get enacted with SEFI rewards prior to SEFI governance to start capitalizing on liquidity as soon as possible.