Interesting delta neutral trade now that can book you ~50% APR on a stablecoin pegged strategy, while farming @Lighter_xyz / @HyperliquidX points + @UV_Money points (waves):
- Bridge assets to Berachain
- Buy x amount of $iBGT and y amount of $wBERA on @0xoogabooga
- Go to @UV_Money
- Mint with the $iBGT 2 tokens > $uvPREM + $uvBERA
- sell $uvPREM to $wBERA on @0xoogabooga
- LP $uvBERA with $wBERA on BEX from berachain (high A stableswap pool) (50/50 pool)
- stake the LP token on @UV_Money stake page
- Go to @HyperliquidX or @Lighter_xyz
- Bridge assets there and trade 3x shot perps on $BERA
- benefit from continuous yield through funding rate and @UV_Money staking rewards coming from $siBGT + points on all the products used underneath
I've put a quantitive example in the sheet page for 1k position, but ideally, you can scale it for even more
Note that you need to rebalance if $BERA pumped 3x , but your APR on the staking position will be higher, so will compensate cost of rebalancing
Defi being defi 🪻
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