Another week and the total APY of $USDC deposits on @BasisOS are up to 3.4% (still lower than announced but heading in the right direction). The $BIOS rewards are coming in at about 150% APY, still higher than announced, but moving in the right direction here as well.
A week ago I deposited equal amounts of $USDC in the two available vaults at @BasisOS. The yield of the deposit has been on average about 3% (APR) after a week, which is lower than the announced yields.
Counting with the rewards in $BIOS though, the yield is over 200% at current prices (converted to dollars), which is way more than the announced reward yield.
A week is a short period to calculate the yield for a longer period of time, and I'm sure the actual yield numbers will be closer to the announced yields over a longer period. Still a good option for stables lying around.
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