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Pools / Polygon / steer-protocol - WMATIC-USDC
S
USDC
WM

Pool · Polygon

steer-protocol - WMATIC-USDC

APY total

51.96%

annualized

Base / reward

51.96% + —%

fees · token rewards

TVL

$140K

deposited

Vol 24h

trading

30d mean APY

80.85%

▼ 11.1% / 7d

Position calculator

If I deposit

$

At the current 51.96% reward rate, no compounding shown. Real returns drift with the pool.

Per day

Per month

Per year

Ready to deposit

Open this pool on Steer Protocol (Polygon). Bookmark the URL — always verify before signing.

Open on Steer Protocol

How it works

Using this pool in three steps

  1. 1

    Pair two tokens

    Pick two tokens (e.g. ETH + USDC), deposit both in equal value into the trading pool.

  2. 2

    Earn a share of fees

    Every time someone swaps through this pair, you earn a tiny cut of the fee. The more people trade, the more you earn.

  3. 3

    Watch out for IL

    If one token's price moves a lot relative to the other, you'd have been better off just holding — the gap is called 'impermanent loss'.

Underlying assets

What you're depositing

APY history

100 observations recorded

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Frequently asked

About this pool

What is this pool?

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This is a lp pool on Polygon, run by Steer Protocol. You deposit tokens, earn yield from protocol fees, lending interest, or token rewards depending on the type, and withdraw whenever the pool's rules allow.

How is the APY calculated?

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APY here is annualized — it answers 'if today's earning rate held for a full year, how much would you earn?'. It moves with token prices, fee volume, and how many other people are in the pool. Treat it as a recent snapshot, not a guarantee.

What are the risks?

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Three real ones: smart-contract bugs (the protocol code could be exploited), impermanent loss for LP-style pools (you can end up with less in dollar value than holding the tokens directly), and pool depeg or token-reward collapse (rewards paid in a tied token can drop to near zero). Pick pools on protocols you've heard of, with high TVL, and read their docs.

How do I exit?

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On most DeFi pools, withdraw whenever you want — the protocol's UI handles it. Some lending pools require you to wait if the borrow rate is too high relative to liquidity available; some staking pools have a brief unlock period. The protocol's UI will show you the exit path; we just point you to it.