The basic Vault of Lombard has become even more powerful. I have been operating the $LBTC / cbBTC LP on Aerodrome for a while, and this time I have released that amount and converted it all to LBTC, moving it to the @Lombard_Finance vault. There are several reasons for this, which I will list roughly as follows. 1. Although the LP is stable and the APR is high, it still requires attention for small amounts, which is a problem since I can't keep an eye on it often. Additionally, since the rewards come in AERO, I need to handle the swaps separately. 2. The Vault has become stronger than before and now offers a 3% APY. This has been made possible through collaboration with Botanix. Lombard deposits into Botanix to increase the interest rate. 3. By putting assets into the Vault, not only can you earn the basic APY, but you can also earn additional points. Currently, Lombard points are mined at 4x, @babylonlabs_io points at 1x, and Veda points at 3x. While the interest itself may be stronger in the LP, I believe that the amount of airdrop from the subsequent point mining will provide a significant APY that cannot be ignored. Therefore, I plan to convert various profits generated on a reasonably priced Base chain into LBTC and steadily accumulate them in the vault. I plan to move assets from the following places to use them: 1. Convert the interest generated from assets deposited and operated in Mintclub into USDC. 2. Target a daily interest yield of around 5% through betting at @trylimitless. 3. After converting assets from USDC to LBTC on the Base chain, deposit them into the Vault. I plan to gently turn the asset flywheel in this way.
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