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This yield is wild.
33% APY on AUSD on Monad is still under the radar.
Stable yield farming on @monad is so good that I'm not sure this should be shared.
Here are 3 simple steps:
1/ Swap USDC to AUSD (Agora USD from @withAUSD) on LlamaSwap with a 1:1 rate from deep liquidity
2/ Bridge AUSD from Ethereum to Monad via @StargateFinance (around $0.02 fee and get free $MON for gas)
3/ Deposit into Steakhouse High Yield AUSD vault on @Morpho for 33% APY from $MON and $AUSD incentives
Monad has done well onboarding DeFi users into their ecosystem.
DYOR. Steakhouse manages liquidity on your behalf.