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More / Etherum Reddit - 2 years ago

Deposit APY for stablecoins

Can someone explain on a high level why the deposit/supply APYs for DEFI lending platforms are so wildly different for different stablecoins? For example, right now, on Compound Dai/USDC/USDT have 3.57/7.9/5.97%, respectively, which is a lot of varia...