yield.fun
Open app

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.

Scroll to discover

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.

Where it comes from

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.

Strategies

One live, four not

Status is what it says. Nothing here is described as running before it runs.

01

Covered calls In development

The vault holds a stock and sells calls against it. The premium is the yield.

02

Cash secured puts In development

Deposit dollars, get paid to promise a bid. If it is hit, you own the stock at your price.

03

Idle cash Live

USDG into spUSDG, out on demand. This is the one that is deployed.

04

Liquidity windows Specced

Tokenized equities trade all week, the exchange behind them does not. Quote in the closed hours only.

05

Credit Specced

Borrow USDG against a portfolio without selling it. Limits come from measured pool depth.

Open the vault

Open app