Aave’s USDG principal token rollover proposal implies an annualized yield of 2.98%, but it breaks down into two separate sides of the equation: depositors earn yield, while borrowers pay costs. Borrowing rates are currently higher than that figure, so borrowing stablecoins to leverage this 2.98% structure doesn’t work—you’d lose money on the spread. The rewards component hasn’t been confirmed yet, so it shouldn’t be counted as yield you can actually receive until it’s implemented.
AAVE is currently at 167.31, down slightly by 0.4% over 24 hours; the governance-level yield arrangement hasn’t yet been reflected in its price. COMP is at 25.14, up 1.5%, with more active capital rotation among comparable lending assets. At current prices, treat 2.98% only as a yield floor. The actual yield received depends on whether borrowing rates fall or rewards are confirmed; the strategy’s conditions are met only if either of those happens. #AAVE
AAVE is currently at 167.31, down slightly by 0.4% over 24 hours; the governance-level yield arrangement hasn’t yet been reflected in its price. COMP is at 25.14, up 1.5%, with more active capital rotation among comparable lending assets. At current prices, treat 2.98% only as a yield floor. The actual yield received depends on whether borrowing rates fall or rewards are confirmed; the strategy’s conditions are met only if either of those happens. #AAVE