Here's you can earn 2x to 7x more than Sky Savings Rate (SSR) with a similar exposure, just like this user 👇 The user managed to loop $843k into a $6m PT-USDS position for 31.49% APY. Sky Savings Rate (SSR) is currently providing 4.5% for USDS holders. Now, 0x9bbd first got into PT-USDS at 8.142%, meaning: he’s getting almost twice as much USDS through PT-USDS! Then, he looped PT-USDS via @Contango_xyz to push his APY to 31.49% APY, more than 7x the original 4.5% SSR APY. And he's not just earning 31.49% APY, he's also earning Contango points via protocol usage, further increasing the yield on his PT-USDS position! Pendle's PTs don't just provide fixed yield for DeFi users who want to secure their yields... They provide the money legos to degen lev it up for high APYs (high risk, high rewards)
0x9bbd can be found here:
10,03K