🫛 Peapods Lending Cheatsheet
How to earn 20%+ APY on $USDC and 5%+ on $ETH in an automated, diversified, and insured lending vault in just 3 steps:
1️⃣ Go to 🔗
2️⃣ Select a Metavault (by chain + asset)
3️⃣ Deposit your funds
That’s it. Details below 🧵
2/ Step 1️⃣: Go to
→ Connect your wallet (top right corner)
→ View the Lending page with live APYs, TVL and vault options
3/ Step 2️⃣: Select a Metavault
→ Filter by chain and asset type (icons at the top right)
→ Compare APYs, TVL & asset type
→ Click "Supply" on the Metavault of your choice
4/ Step 3️⃣: Deposit your funds
→ Enter the amount you want to lend
→ Approve the token
→ Hit "Deposit to Vault"
✅ And you're done – easy peasy!
Your funds are now earning market-leading yield with built-in diversification + insurance of the vault against bad debt up to $200K.
Read on to learn more about Metavaults on Peapods.
5/ What are Metavaults? 💡
Metavaults are aggregator vaults taking in capital from suppliers and allocating it across Pod lending pairs on the Peapods platform:
→ Capital is pooled and then diversified across Pods
→ The system auto-manages risk + yield strategies
→ Yield comes in from LVF borrowers’ interest payments
Think of Metavaults as a set-and-forget yield product.
6/ Why use Metavaults?
✅ Market-leading APYs (20%+ common for $USDC)
✅ No fees - ever!
✅ Curated, only allocates to Pods selected on risk-reward basis
✅ Diversified exposure across Pods
✅ $200K insurance fund against bad debt
✅ No loops, no active management needed
Supreme, safe yield without complexity.
7/ Who are Metavaults for?
🌱 Passive investors
→ Simple, convenient, stable but market-leading APYs
🌱 Risk-conscious lenders
→ Curated, diversified, insured
🌱 Really, anyone!
→ No lockups, no fees - who wouldn't like that?
Metavaults are designed for everyone.
8/ Checklist: When to use Metavaults?
❓Have idle $ETH or $USDC sitting around?
❓ Want passive yield with no lock-ups?
❓ Want safety built-in via diversification + insurance?
❓Want independence from market "seasons"?
Metavaults are your "All Seasons" go-to option.
Yield is driven by borrowers farming volatility, which exists in all markets
9/ Risks and Safety 🛡
Nothing ever comes without risk. In case of Metavaults:
⚠️ Smart contract + market risks apply (like all DeFi)
⚠️ Pod-level risk → an unsafe oracle that escaped Metavault curators' attention might create bad debt
BUT:
→ Metavaults diversify across Pods (so even if one Pod were to accrue bad debt, overall impact on the vault would remain limited)
→ $200K insurance fund would help cover shortfalls
→ All Pods undergo a vetting process before inclusion
→ Contracts audited by @PashovAuditGrp, @GuardianAudits, @yAuditDAO and @sherlockdefi
Built to mitigate risks, not hide them.
11/ That’s a wrap! If you found this thread useful, please like, repost and follow @PeapodsFinance for more.
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