It has come to my attention that the average IQ of Sonic Users is so low, a literal free money and point machine is not fully utilized.
I will literally HOLD YOUR HAND through the wanS/S loop for:
📌 151.4% APY
📌 80x Sonic Points
📌 14.5x Silo Points
Let's make some money
👇

@SiloFinance @SonicLabs @Angles_Sonic 📊 The Numbers
Before showing you the how, let me show you the why.
Yes, these numbers are real.
Yes, the points are ON TOP of 3 digit APY.
Yes, this is delta neutral $S.
I've said it once i'll say it again - literally no better place to farm rn.


1⃣ Get wanS
First things first, we need to get ourselves wanS.
This is so simple a literal retard could do it:
1. Go to @Angles_Sonic
2. Stake $S for $anS
3. Wrap $anS for $wanS
Link here:
You literally cannot fukc this up



2⃣ Deposit $wanS on Silo
To start our looping process, we first deposit our $wanS on Silo.
Why?
📌 We get 1x Silo Points just from depositing (and borrowing)
📌 We can now borrow $S against our $wanS
Go here:
Literally too easy



3⃣ Borrow $S
We now borrow $S against our $wanS at 2.5% borrow APR - this is a 15% rate arbitrage vs. $wanS (i.e. free money).
With 90% maxLTV, we can borrow 90c of $S per $1 of $wanS collateral.
We also earn MORE Silo Points for borrowing.


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