Equilibria, a well-known yield optimization entity developed by Pendle Finance, is unveiling an exclusive $USDS-$SPK pool in collaboration with Spark, a famous DeFi liquidity platform. As per Equilibria, the latest $USDS-$SPK pool also offers 13% APY to benefit stablecoin farmers. The platform took to its official X account to reveal this development.
Equilibria’s Latest $USDS-$SPK Delivers 13% APY to Stablecoin Farmers
Equilibria’s launch of the Spark-based $USDS-$SPK pool will facilitate stablecoin farmers with a staggering 13% APY. $USDS is the native stablecoin of SkyEcosystem, while $SPK is Spark’s native token. The pool reportedly provides low-volatility and high-yield farming opportunities for the users. In addition to this, it also permits the clients to add liquidity by utilizing $USDS to earn yield in $SPK tokens.
Additionally, in doing so, they also get an APY of more than 13%. The users can also further amplify this yield via $vePENDLE boosts. This offers improved returns while posing no complexity that is often linked to DeFi strategies. Keeping this in view, the users can push yields to another level without any extra effort.
Another Step to Innovating Stablecoin-Based Yield Products
As per Equilibria, the launch of the $USDS-$SPK pool underscores the rising trend of innovating yield products for stablecoins. It is a move that could potentially appeal to yield-hungry and cautious users alike. Hence, interested consumers can add their $USDS via the main Equilibria interface to start farming immediately.
