Insightful|Jan 06, 2026 15:01
You can currently get and average of 52%+ APR by stablecoin farming on SagaEVM
Which is significantly higher than the 4-10% found on other chains or in TradFi
This is because Saga recently launched their EVM chain and they are pumping it with incentives
How to get set up:
1/ Use @squidrouter for bridging and @okutrade for swapping (Oku is tokenless with a points system; bridging on Oku also routes through Squid).
MUST is @must_finance's native stablecoin (overcollateralized CDP) backed by tBTC, WETH, SAGA, and stATOM.
$D is Saga's native stablecoin minted on @coltstable from USDC.
2/ Go to http://sagayield.com to see various available LP pools/incentives (powered by @steerprotocol)
The best play right now are the stablecoin related "stable-to-stable combinations" between MUST, D, and USDC for minimal price volatility and impermanent loss
3/ Deposit/LP into your pool of choice
Examples:
MUST - D: ~55% APR
MUST - USDC: ~46% APR
D - USDC: ~47%-113% APR
4/ Pro Tips:
The site auto filters by descending APY so check TVL before jumping in.
Look for the "Verified" Gold Star; these are the primary pools with the deepest liquidity.
Everything is powered by Steer Protocol, so you can do single-sided deposits = saves you time (I bridged over USDC and deposited into a USDC related pool)
After depositing you just have to hold the LP tokens (your position gets auto rebalanced)
Incentives are paid out in SAGA which can be claimed directly on the pool's LP page (on top of LP fees)
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