Alpha: iUSD looping strategies on Echelon. • INIT/iUSD 3x loop - 770% APR • iUSD/USDC 10x loop - 70.61% APR Two ways to put iUSD to work on @initia. Here's how each strategy breaks down 🧵

Strategy 1 - INIT/iUSD 3x leverage loop > Supply INIT > Borrow iUSD (negative 365.13% borrow rate means you get paid to borrow) > Swap to INIT and re-supply 770% APR using INIT as collateral. INIT price moves can affect your position - target a health factor above 1.5.

Strategy 2 - iUSD/USDC 10x leverage loop > Turn on e-mode for 93% LTV > Supply iUSD > Borrow USDC > Swap to iUSD and re-supply Both assets are stablecoins, so higher leverage is possible. Result: 70.61% APR. Supply and loop on Echelon ↓