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Big Mine: Unichain's ETH yield opportunity, 10% APY!
This strategy is the ETH version derived from the "stablecoin 20% APY" posted the day before yesterday, with the core protocols being Morpho and Euler.
📝 Strategy Logic:
1️⃣ Provide ETH in Morpho and borrow USDC without paying interest, or even receiving interest;
2️⃣ In Euler, the APY for depositing USDC is 7.85%, and the APY for borrowing USDT0 is 4.28%;
3️⃣ In Morpho, the APY for depositing USDT0 is 9.38%;
Based on the APY at the time of posting, by calculating through the table: investing $10,000 worth of ETH and only borrowing 70% of USDC, the APY can reach 10%, with daily earnings of $2.69.
Tip: You can directly withdraw ETH to Unichain through OKX, and the lossless cross-chain for USDC can be done through Unichain's official Superbridge.
Note: The above is for information sharing only, not investment advice, please do your own research!
DeFi Enthusiast: BitHappy

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