GMoca 👁️🦅 Thanks to @ViNc2453 for this Pendle PT share It gives me other options besides messing with YT $USDf How to mine Falcon Miles points with low risk? Be a Lender in the Falcon lending pool on @SiloFinance ✅ Deposit assets USDC, current interest rate about 15%–25% ✅ Additional reward is 30x Falcon Miles points Total yield can reach 30%–48% annualized (without involving leverage) ❗️ Risks of the lending agreement's smart contract and liquidity risk Why I am optimistic about @FalconStable 🦅 RWA is one of the most imaginative tracks in recent years, and Falcon's $sUSDf precisely hits the trend of tokenizing US debt, with a model design of CeDeFi (Centralized + On-chain Transparent Yield) balancing compliance and transparency Falcon's CeDeFi model depends on the regulatory landing in different jurisdictions, establishing a solid position in core DeFi scenarios like Curve, Pendle, etc. #FalconStable
Q: What are some comfortable and stable ways to mine @FalconStable Miles points? Any methods without leverage/YT? A: Just deposit into the Falcon lending pool at @SiloFinance as a Lender. Current 35%, average 15-20% stablecoin interest + 30x Falcon Miles, and you don't even need $USDf 😛 Key point: 30x points can yield around 13%+ annualized. 👉 Total annualized: currently up to 48% 🤑 (even when lending rates are lower, it's still around ~30%) The annualized points are priced based on Pendle's current YT-sUSDf giving a 36x points interest rate: the current cost of YT-sUSDf is 21%, with a base interest of 7.8%, so the market pricing for 36x points is around ~13.3%. Since YT is essentially a non-principal-protected leverage with performance fees, buyers need to maintain a certain profit margin to enter the market, so the actual expected annualized points should be higher; I estimate it at 16%. From this, we can deduce that the 30x Falcon points from Silo deposits can yield around 13% annualized. Moreover, the pool stores $USDC, so you don't have to directly face exchange rate fluctuation risks (of course, there is the risk of the lending protocol). ✤ ✤ ✤ By the way, it seems ViNC hasn't mentioned much about the valuation expectations for Falcon points? I actually have a number in mind, but I'm not sure if it's good to disclose (Note: I have invested quite a bit in mining, so it's not that I don't have confidence). Is anyone interested in hearing it? All you PT circular loan folks should thank me for introducing this pool; otherwise, those borrowing money would be buried under high lending rates. Lastly, consider using my #Falcon invitation link for a 12% points boost: (It can only be applied to wallets that haven't connected to Falcon before) NFA & DYOR!
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