The market pullback, please pay attention to TP
The stage of brainless buying and earning is over, and the next test is your PVP ability. In my experience, it's time to find some U-standard arbitrage pools for the money that is in the pocket
I used to mainly focus on Sui, but now the interest rate of Sui's main lending U pool has also dropped below 6%. But one advantage of Sui is that many protocols have borrowing discounts, such as @suilendprotocol, and the USDC borrowing interest rate is less than 5%
Yesterday, @circle officially announced CCTP $USDC lossless cross-chain on @SeiNetwork. Although I personally have many opinions on USDC, if you take a closer look at Sei, you will find that its main lending protocol currently has a USDC interest rate of 15% (the discount is paid by LST's ISEI).
If your funds are on a chain like Sui that has borrowing incentives and is also supported by CCTP, you can try:
- Stake other assets and lend USDC at low interest rates
- Transfer to SEI via CCTP
- Borrow USDC in single currency against YEI
As long as YEI is safe, this is the same discount arbitrage logic as Haedal used Sui to rush haSUI at that time. Go for it now
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