source avatarDeFi Warhol

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I started deploying small chunks of capital in vaults for the first time since the Drift hack. The series of exploits that happened in DeFi only reinforced my bias toward simpler, more straightforward yield setups. Nonetheless, it's time to move on, and I started by throwing 500 USDC in Mantle's new USDC Grove Yield Layer vault for a 10.02% APY. → Native yield (3.52% native yield from Sky Savings) → @grovedotfinance incentives (~6.5% APR) → @Fluxion_network points Grove connects the vault to Sky’s yield, and CIAN packages the strategy into a vault. Just keep in mind that withdrawals take 3-5 days to process. This delay is intentional so that Grove can process the exit from the underlying strategy. Understanding the risks right now is more important to me than squeezing out every extra %. You can see the full deposit flow below. Disclosure: I'm a long-term $MNT holder.

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