Should we stake our unused treasury into yield bearing stablecoin contracts?

Right now, we have $5M USDC sitting in the treasury as an unproductive cash asset that is slowly being eaten away via inflation. We do not need this full liquidity right away for our store acquisition, marketing, and development expenses.

Therefore it may be useful to stake a portion of this treasury into stablecoin farms that can produce some yield interest which would offset potential inflationary effects of the current market environment.

After evaluating the available options (see https://coindix.com/?sort=-base&kind=stable&chain=ethereum), the proposed stablecoin portfolio would consist of:

50% USDT on Aave (11.2% variable base APY) 30% DAI on Yearn (2.32% variable base APY) 20% USDC on Maple, Maven11 pool (6.96% variable base APY)

These three platforms were selected for the right balance of yield and risk per the following:

1. Aave and Yearn have thus far withstood the test of time as early DeFi platforms. Maple is used by institutional level funds, including Maven11 and Alameda Research.

2. We selected the three types of stablecoins which have also withstood the test of time.

3. We selected to stick with Ethereum chain to reduce friction and bridging fees, with the ability to conduct all transactions within the Gnosis Safe app of our treasury by multisignees.

4. We have selected single-sided staking to further reduce friction and risk of impermanent loss.

Note that we would need to convert our USDC treasury to DAI and USDT, which can be done through Curve with minimal slippage and fees.

How much of our treasury should we use for this strategy?

Option A: $1M Option B: $2M Option C: $3M Option D: Reject Proposal

Projected non-compounded monthly returns for $1M, $2M, and $3M would be $6406, $12812, and $19218 respectively. Note that any extra non-stablecoin reward tokens from yield farming such as MPL will be harvested and sold on a regular basis and added back to the treasury (once sufficient critical mass is reached to offset gas fees).