This is a short guide on how to get USD pegged stablecoin $USDC to Solana network and get up to 145.2% APY on it.

Prerequisites:

Getting $USDC on Phantom

I use FTX as the CEX to deposit $USDC into my Phantom wallet. Please use my referral link if you haven’t registered yet.

Ensure the address is copied from your wallet and the withdrawal method is Solana SPL.

After depositing, your deposit should appear in Your Portfolio part of the dApp like so:

Now sit back and enjoy the yield.

Risks:

Obviously, when using defi platforms and protocols there are certain risks involved:

This is not financial advice and just some crypto platforms which I currently use. DYOR and never invest money that you can’t afford to lose.
Feel free to ask me questions.

You can support me by donating to my BSC/Polygon walllet: 0x8Cc0624a2090EFd7c1320Ff86d5dc56A3b60EF5A

Stay humble and be safe.