Strategy bringing about 6.5% APR on LBTC + 6.6x LUX
1. Stake BTC in the Ethereum network on and get LBTC
2. Transfer LBTC to the SUI network on
3. Deposit in NAVI
4. Borrow LBTC under the maximum LTV
5. Repeat steps 3-4 six times
This is a classic looping strategy
It is completely risk-free, since we invest and borrow only one asset - LBTC. That is why we can use the maximum available LTV of 55%, which gives us 2.2x leverage.
You can already place LBTC and receive a significant return of 6.5% APR on BTC.
In addition to this, you will earn 6.6x LUX.
LBTC is already beginning to be actively implemented in the DeFi sector. The most advanced ones are already extracting significant profits from this.
Who else has strategies that bring 4% with LBTC?
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