When I started lending USDC on Aave 3 months ago, I was getting around 7% APY. I checked last week and it fell to around 3%. That’s when I realized that I was losing out on a lot by not closely monitoring my Aave yield. If I’d known my yield had fallen by half, I would’ve switched to another Aave pool with higher yield or to another lending platform, like Moonwell or Maple.
I’ve recently noticed a lot of people posting about this same problem on other defi subreddits, so I wanted to share how setting up email alerts when my lending APY drops by a certain threshold has helped me better optimize my USDC and save time.
I’ve made a tool called Jarvis for my friends and me. I thought I would share it here as well so it can be helpful for others facing the same issue. Feel free to join the waitlist on the site, and I’ll email you within the next few days when it’s completely ready to use.
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