Enable SUSHI & YFI Staking on YPIE via xSUSHI and yGOV vault.
xSUSHI is the governance token of Sushiswap, a community-led DEX with a current TVL of more than $1B.
xSushi is receiving 0.05% of all the swaps happening on Sushiswap and should also benefits from all of the future revenues streams from upcoming platforms such as Bento-Miso-Gusoku-Deriswap and more.
The current yield on this asset alone is hovering around 10-40% APY with over 100m$ locked in the Sushibar.
As for today, xSUSHI represents a safer and more lucrative strategy than lending for SUSHI.
Data points can be found here : https://sushiswapanalytics.com/bar
The YFI yVault executes the StrategyYFIGovernance which Deposits YFI into the Yearn governance staking contract, earns yCRV governance rewards, converts yCRV into USDT, buys additional YFI with the USDT, and deposits back into the yVault.
With around $500M in the protocol APY ranges between 0.87% and 3%, yGOV represents a safer strategy than lending.
Data points can be found here: https://yearn-roi.xyz/#/