The Auto-leverage feature on @SiloFinance is now live!
Wondering how it works? It’s quite straightforward.
Let's use $USDf from @FalconStable as an example:
➢ Visit @pendle_fi and deposit into PT-sUSDf.
➢ Next, navigate to the Silo dApp and select "Leverage."
➢ Opt for the PT-sUSDf/USDC market with up to 10x leverage and a 78% APR.
➢ Behind the scenes, the system borrows your PT-sUSDf against USDC and loops it 10 times.
➢ This strategy is pretty safe, so leveraging up to 6-8x is appealing (NFA + DYOR).
➢ Set your desired leverage, confirm your choices, and review all numbers. You’re all set!
Some other pools that you might want to check:
- xUSD <> scUSD = Up to 80% APR
- eUSDE <> USDC = Up to 77% APR
- aUSDC <> USDC = Up to 57% APR
Leverage has never been easier! :)
Autoleverage is now live, allowing high IQ low motivation farmers to execute one-click loops (technically three clicks but whose counting 🤷♂️).
This builds on top of our isolated markets for maximum yield, points and convenience all at the same time.
Here's how it works.
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