The displayed APRs in the DUSD LM Pools (dToken Pools) assume a DUSD price of 1 USD. Since this is not true, the actual USD rewards are much higher when considering the DUSD to USD price.
Example:
The 5% calculated on MSTR/DUSD is based on DUSD, so let's say you invest 2000 DUSD in this pool; the yield will be 5%, which equates to 100 DUSD (paid in DFI). But if DUSD is trading at 5 cents, you get 2000 DUSD for 100 USD. So, when you invest 100 USD, you get a yield of 100 USD, resulting in a 100% yield, which is 20x the displayed 5% APR.
It would be very helpful to display the USD APRs as well (=current APRs / DUSD price), as it better illustrates the attractiveness of the dToken LM.
I also attached a picture to prove the concept (DUSD price was at 6.4ct at that time).
The displayed APRs in the DUSD LM Pools (dToken Pools) assume a DUSD price of 1 USD. Since this is not true, the actual USD rewards are much higher when considering the DUSD to USD price.
Example:
The 5% calculated on MSTR/DUSD is based on DUSD, so let's say you invest 2000 DUSD in this pool; the yield will be 5%, which equates to 100 DUSD (paid in DFI). But if DUSD is trading at 5 cents, you get 2000 DUSD for 100 USD. So, when you invest 100 USD, you get a yield of 100 USD, resulting in a 100% yield, which is 20x the displayed 5% APR.
It would be very helpful to display the USD APRs as well (=current APRs / DUSD price), as it better illustrates the attractiveness of the dToken LM.
I also attached a picture to prove the concept (DUSD price was at 6.4ct at that time).