Just joined @friendtech
Buy my shares
Use my invites
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I've been writing about using LSD yield to obtain USD yield (delta-neutral strategies). @LybraFinanceLSD does it for you. I haven't tried it, but they claim a 7.2% yield on their stablecoins. Even more yield opportunities with minting or pooling!
lybrafinance | Twitter | Linktree](https://linktr.ee/lybrafinance))
#1 interest-bearing stablecoin backed by LSD.
hard-pegged
0 loan fee
~8% APY
TProtocol is one of the more intriguing stablecoin protocols I'm looking forward to. However, with the SEC changing the landscape, will DEFI projects like this persevere?
TProtocol | Twitter | Linktree](https://linktr.ee/tprotocol))
The First DeFi-Composable T-Bill Token.
What do you guys think about LSDfi? Is it just a short fad or is there room for growth?
Personally I've been following new protocols for the great returns on my ETH, which usually don't last long. Keeping my eyes now on swell network which is launching tomorrow.
With 1 ETH, I could trade it for wsteth and bridge it to Arbitrum. Deposit it in AAVE there, borrow eth, trade it for wsteth and repeat the process. With E-mode enabled, I could do it until I've got 10 ETH worth of wsteth deposited with 9 eth borrowed.
Let's do the math. At the current LIDO rate, wsteth earns 4.3% and AAVE charges 2.3%, so I'd be getting 104.3-92.3=24.3% yearly return on my eth. Considering AAVE is one of the safest protocols out there, so the risk/reward on this strategy is outstanding.
I can even replace my first deposit with BTC or a stablecoin and earn 20% return on that. Tempting..
Euler hack getting return made my day, really wasn't expecting that even though most hacks that I suffered from got returned in the end. Good job team!