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Create Constituents
Next you have to deposit your stablecoins into the Beefy vaults to receive the local vault tokens. As of August 20 these are:
Token | Chain | Vault | Weight |
---|---|---|---|
mooVelodromeMAI-USDC | Optimism | MAI-USDC sLP | 22.8% |
mooMaiUSDC-miMATIC | Polygon | MAI-USDC LP | 18.8% |
mooVelodromesUSD-USDC | Optimism | sUSD-USDC sLP | 16.8% |
mooQiMai3Pool | Polygon | MAI/DAI/USDC/USDT | 16.7% |
mooMaiMAI-av3CRV | Avalanche | MAI/DAI/USDC/USDT | 13.1% |
mooCurveFsUSD | Optimism | sUSD/DAI/USDC/USDT | 11.8% |
Above weights are as of 8/20/2022, current weights up to four significant figures are available on scalara.xyz. Given that the underlying assets are low volatility stablecoins these weights will not quickly change and can be used to determine the USDC deposit amounts (accepting some dust to be left over).
Connect to Optimism.
Tip: Check slingshot.finance, the DEX aggregator, for discounts on miMATIC (MAI) or sUSD. At times you may find that it is favorable to swap your USDC and deposit miMATIC (MAI) or sUSD)
- 1.mooVelodromeMAI-USDC
- Calculate 22.8% of total mint USDC amount.
- Deposit USDC on Beefy.
- 2.mooVelodromesUSD-USDC
- Calculate 16.8% of total mint USDC amount.
- Deposit USDC on Beefy.
- 3.mooCurveFsUSD
- Calculate 11.8% of total mint USDC amount.
- Go to Curve (https://optimism.curve.fi/factory/0/deposit) and deposit USDC (or any mix of sUSD, DAI, USDC, USDT).
- Deposit the issued Curve LP token (sUSD3CRV-f) on Beefy.
Connect to Polygon.
Tip: Check slingshot.finance, the DEX aggregator, for discounts on miMATIC (MAI). At times you may find that it is favorable to swap your USDC to MAI and then deposit MAI under 1)
- 1.mooMaiUSDC-miMATIC
- Calculate 18.8% of total mint USDC amount.
- Deposit USDC on Beefy.
- 2.mooQiMai3Pool
- Calculate 16.7% of total mint USDC amount.
- Go to Curve (https://polygon.curve.fi/factory/107/deposit) and deposit USDC (or any mix of MAI, DAI, USDC, USDT).
- Deposit the issued Curve LP token (mai+am3CRV) on Beefy.
Connect to Avalanche
- 1.mooMaiMAI-av3CRV
- Calculate 13.1% of total mint USDC amount.
- Go to Curve (https://avax.curve.fi/factory/7/deposit) and deposit USDC.e (or any mix of MAI, DAI.e, USDC.e, USDT.e).
- Deposit the issued Curve LP token (MAI-av3CRV) on Beefy.
At the end of this step you should have all vaults that are PONY constituents on the three respective chains.
Last modified 6mo ago