i like the look of APY.finance. you deposit stable-coins and mint APY tokens then generate yield via the protocols Automated strategies. On another note, If one was to:
i) create a ETH CDP on maker oasis and generate Dai,
ii) then use that that Dai to purchase to for example: SNX, AAVE, UNI
iii) purchase the BPT (33% SNX, 33%AAVE, 33% UNI)
Can one generate further yield by staking the BPT on AAVE safety module? not sure what the risks are with this due to the 30% max slashing? it has a APY of 67% which looks appealing. Am I correct in assuming that one would benefit from the BPT incentives as well as the AAVE BPT staking incentives also?
I would greatly appreciate any limitations on this strategy and any other alternatives