I've heard rumblings that
@base is making a TVL push right now for reasons™
TL;DR: 40% APR on cbETH
At the moment,
@ipor_io is one of the prime beneficiaries, receiving incentives on some of their vaults on that chain.
Here's a break down of the top vaults live there now:
1)
@628Labs cbETH Dynamic Looping
⇒ Spot APR: 40%
⇒ Has Incentives? ✓ Yes (34% Incentives APR)
⇒ Exposure: Aave >99%, Morpho <1%, Euler <1%
Description: cbETH/WETH looping optimizer
2)
@ClearstarLabs Base cbETH Looper
⇒ Spot APR: 11.35%
⇒ Has Incentives? ✗No
⇒ Exposure: >99%, Morpho <1%, Euler <1%
Description: cbETH/WETH looping optimizer
3)
@ipor_io Dao wstETH Base
⇒ Spot APR: 9.97%
⇒ Has Incentives? ✗No
⇒ Exposure: >99%, Morpho <1%, Euler <1%
Description: wstETH/WETH looping optimizer
4)
@ClearstarLabs Base ETH Lending Optimizer
⇒ Spot APR: 5.02
⇒ Has Incentives? ✗No
⇒ Exposure: Euler and Morpho Markets
Description: ETH Lending Optimizer on Base
Please note: I love when chains do incentive programs, and I'm an Ipor ambassador