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rwa-yield-accuracy: add SyrupUSDC (Maple, ERC-4626) to cohort - #1366

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Flotapponnier merged 1 commit into
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feat/rwa-yield-add-syrupusdc
Jul 24, 2026
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rwa-yield-accuracy: add SyrupUSDC (Maple, ERC-4626) to cohort#1366
Flotapponnier merged 1 commit into
devfrom
feat/rwa-yield-add-syrupusdc

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Adds SyrupUSDC as 4th active probe in bench 089.

Why

Prep for follow-up PR to maple-docs — we need actual Maple coverage in bench 089 before the docs PR is credible ("here's your independent yield accuracy monitoring").

Mechanism

  • Contract: `0x80ac24aA929eaF5013f6436cdA2a7ba190f5Cc0b` (Ethereum, 6 decimals)
  • Model: ERC-4626 NAV appreciation (same family as OUSG)
  • Read: `convertToAssets(1_000_000)` at latest + t-30d + t-7d blocks
  • Fully on-chain, no off-chain HTTP dep

Live numbers

  • Delivered 30d: ~346 bps
  • Advertised base APY: 482 bps (DefiLlama, excludes SYRUP incentives)
  • Deviation: ~-136 bps

Scope note

SyrupUSDC is collateralized pool lending, not a T-bill wrapper. Included under bench 089's broader "on-chain yield-bearing stables" framing. The bench 089 spec title/abstract still talks about "tokenized T-bill" — worth a follow-up copy edit if we want to formally broaden the scope, or split into a sibling bench for RWA-yield-credit.

Test plan

  • `go build` clean
  • eth_call verified: latest = 1.173947 USDC/share, t-30d = 1.170618 USDC/share
  • Deploy to VPS + confirm prom target scrapes (post-merge)

4th active probe. Reads Maple SyrupUSDC vault at
0x80ac24aA929eaF5013f6436cdA2a7ba190f5Cc0b via ERC-4626
convertToAssets(1 share) at latest + t-30d + t-7d blocks. NAV
appreciation model, same clean methodology as OUSG/USTB.

Advertised APY: 482 bps (DefiLlama base APY, excludes SYRUP token
rewards). Delivered on-chain: ~346 bps over last 30d.

Note: SyrupUSDC is collateralized pool lending, not a T-bill wrapper.
Included under bench 089's broader 'on-chain yield-bearing stables'
framing.
@Flotapponnier
Flotapponnier merged commit dfea874 into dev Jul 24, 2026
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