A second round of incentives has landed on @eulerfinance The Frontier yoUSD and @Alterscope WETH markets have just been boosted with rEUL incentives. The goal? More liquidity for the savvy YOptimizer’s favorite activity: LOOPING. On to the details: 🧵⬇️

Since last Wednesday, Alterscope WETH lenders have enjoyed boosted APY via @merkl_xyz USDC incentives. Now, Euler has upped the ante by adding rEUL rewards. Lenders can now earn: → 6.22% base APY → 2.26% rEUL reward APY (ends Aug 5) → 4.57% USDC reward APY (ends July 30) → 5x YO Points boost Total APY = 13% 🔥🔥

Euler’s Frontier yoUSD market is getting the same treatment! USDC lenders to this market now earn: → 5.82% lending APY → 3.59% rEUL reward APY → 6.94 USDC reward APY → 5x YO Points boost Total APY = 16.35% 🔥🔥

More liquidity = more loops = more yield = more YO points, ad infinitum. A rising tide lifts all boats. The water is WETH/USDC liquidity, and the boat is YO. The Captain is you. Yield szn.