With cryptocurrency markets continue its flat to steady downtrend I have taken more time looking at different stable coins pools that can potentially yield more APR. What I found is no Polygon blockchain a protocol called Jarvis.
Jarvis
https://yield.jarvis.network/yield
Rather than going through the entire protocol I am going straight to the pools that can be farm to focus on the high APRs and how to get them.
Within the farm there appears to be regional coins associated to specific fiat, from Switzerland to Japan each one having a pool the fiat coin match against a stable coin. The yields on some of these pools are way above 20%.
By using Beefy.finance you can auto-compound the daily rewards to increase APR. The pools over 100% APR are not a tracking a fiat coin so word of warning if trying to invest in those pools.
Cash Out?
Jarvis is also in collaboration with Mt Pelerin for users to be able to convert the fiat coins into actual fiats and withdraw to banks. Mt. Pelerin works with 171 countries and 20 fiats.
Conclusions
The goal of Jarvis is to merge the use of cryptocurrency to as many daily users as possible. A link between common daily use will have to have bridges between fiat and cryptocurrency. Jarvis is focus on doing so with the pool pairs it has assembled. Might as well take advantage of this now by getting in on the lucrative APRs just for holding stable coins.
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
LeoFinance = Financial Blog
LeoDex = Hive trading exchange for Secondary Tokens, Low 0.25% fees for deposits and withdraws.
HiveStats = Hive stats per user
LeoPedia = Informative content related to anything about Crypto and how to make financial gains in crypto!
CubDefi = LEO Finance's Defi with CUB Token