This mix is configured for use with Ganache on a forked mainnet.
The Strategy takes Quickswap's Quick-v2 WBTC-USDC Liquidity Pool tokens as deposit and stakes them on Quickswap for yield generation. You can get Quick-v2 WBTC-USDC tokens here
Including the APY from providing liquidity in the WBTC-USDC pool, the user also gets QUICK rewards for staking the WBTC-USDC LP tokens.
The strategy converts the QUICK tokens to 50% WBTC & 50% USDC. Then it adds them to the WBTC-USDC Liquidity Pool on Quickswap for WBTC-USDC LP Tokens.
These WBTC-USDC LP Tokens are then reinvested back into the strategy for further yield generation.
On withdraw call, the strategy simply unstakes the WBTC-USDC tokens and returns them back to the user based on the number of vault shares that the user owns.
As of July 7, 2021
Rewards -> 11.15% APY
Fees -> 13.97% APY
Total -> 25.12% APY
- Add Polygon to your local brownie networks
brownie networks import network-config.yaml
- Increase the default balance of an account (since we are dealing with Matic here)
brownie networks modify polygon-main-fork default_balance="1000000 ether"
- In the .env file put the ETHERSCAN_TOKEN value as the API key from Polygonscan (not etherscan).
