It's stablecoin season and there's some insane yield + points opportunities if you like to loop your stables @SiloFinance offers some great yields for looping 🔷 Stablecoins 🔷 Pendle PTs 🔷 Pendle LPs (Yes you can now wrap and borrow against @pendle_fi LPs for a massive points boost) With 90% LTV you can reach 10x leverage by looping which means you would earn 10x the amount of points (But i usually don't max leverage i try to stop at 7-8x so i have some wiggle room if there is a depeg or price of PT goes down) The APRs displayed here even excludes the additional yield from points and future airdrops 👀 Myself i'm currently farming in the savUSD pool on Avalanche Notably, we some of the pools have negative APY, which typically means that someone have done calculations on the value of the points earned and are prepared to farm with negative APRs to earn points 👀 Note: This is not financial advice. Looping stablecoins includes a lot of risk factors that you should be aware of 🔹 Every protocol has smart contract risk 🔹 Stablecoins have depeg risk 🔹️ Leverage looping for some assets have oracle risk 🔹️ Leverage looping has liquidation risk 🔹️ Borrow rates can increase and make APR negative It's important to DYOR before entering the loops
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