flow
flow
SOL+0.15%
JTO-3.02%
1/ PT-kySOL/SOL loop on @KaminoFinance might well be the juiciest DeFi play on SOL right now! 9.7% fixed APY on SOL to be looped with up to 5x leverage. Here's how:👇
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2/ To access looping, you first need to mint kySOL on @KyrosFi and then use it to buy PT-kySOL on @ExponentFinance. With PT-kySOL, you can lock a fixed yield on SOL of around 9.7% until September 30. This is the currently the highest SOL yield on Exponent.
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3/ Now, to go a step further, you can loop PT-kySOL on @KaminoFinance.
Kamino
Kamino
1/ The kySOL-PT (Sept. maturity) has just been onboarded to Kamino's @ExponentFinance market This means the kySOL-PT/SOL loop is once again open for business—with 10,000 monthly $JTO rewards for borrowing SOL, powered by @jito_sol Here's a quick look🧵
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4/ Here's how: -> Deposit your PT-kySOL on Kamino -> Borrow SOL against it -> Mint kySOL and then buy PT-kySOL on Exponent -> Repeat 🔁
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5/ You are now exposed to the upside of SOL with juicy yields (+potential Exponent airdrop).🍑 Hard to do better.
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