Yield meets discipline
Deposit USDG and the vault parks it in spUSDG, the only vault on Robinhood Chain that is open to a deposit. One contract, no owner, no fee. It is live now.
The vault
Deposit USDG. The contract puts all of it into spUSDG and gives you an ERC-20 share. Withdraw whenever you want and it pulls the USDG back out.
It has no owner, no pause and no upgrade path. Nothing in it can move or freeze your position, and it takes no fee, so the rate you get is the venue's rate.
The yield is spUSDG's, not ours. This is a router, and it takes nothing.
spUSDG is paying … right now, read off its own price per share over the last few minutes. The rate is the venue's and it floats, so it will not be that number tomorrow.
Four other strategies are sketched below. None of them is deployed, and the list says so. The app reads the live vault's numbers off the chain instead of printing them here.
One live, four not
Status is what it says. Nothing here is described as running before it runs.
Covered calls In development
The vault holds a stock and sells calls against it. The premium is the yield.
Cash secured puts In development
Deposit dollars, get paid to promise a bid. If it is hit, you own the stock at your price.
Idle cash Live
USDG into spUSDG, out on demand. This is the one that is deployed.
Liquidity windows Specced
Tokenized equities trade all week, the exchange behind them does not. Quote in the closed hours only.
Credit Specced
Borrow USDG against a portfolio without selling it. Limits come from measured pool depth.
yield