1/ EURC remains an overlooked opportunity in DeFi. Since March, it has appreciated ~12% vs USDC, mainly due to USD depreciation. Simply holding EURC would have outperformed holding USDC and supplying it for yield. But how does it compare when factoring in DeFi yield on both assets? For this comparison we are considering both assets are deposited on @aave on @base. Assuming a $1,000 deposit on @aave in March: → EURC position would now be worth $1,085 → USDC position would now be worth $1,014 Same protocol, similar risk profile. EURC leads by +7%.
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