Silo Finance is a lending market that is also useful on the @SonicLabs chain.
I am lending to Greenhouse USDC and receiving interest, and there are various types of managed vaults, so you can use them according to your risk, preferences, and trust.
If you take a closer look at the details of Silo's vaults, you can see how the related interest is paid.
There is a base interest, and it is divided into interest given by Silo and rewards given in USDC.
Additionally, Sonic points are awarded at 8 times, and Silo points are given at 3 points per dollar.
The USDC-Silo created this way can be directly provided to Silo, and it is also possible to pay back Pendle and receive additional interest from there. There are also ways to mine mileage using PT-based fixed interest or YT, or to earn profits from both sides while trading fees are collected by running LP.
For reference, currently, depositing in Silo yields about 1% higher interest rates than providing liquidity in Pendle.
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