still some USDC yields left at ~30% APR on @UnleashProtocol
deposit USDC -> Borrow $IP and stake it for ~7% on @verio_story or @meta_pool. double yield opportunity.
last week, borrowing rates on $IP skyrocketed to 50%+ APR. now, $IP borrowing rates are almost at 0% while USDC deposit interest rates spiked on @UnleashProtocol
putting two and two together, looks like some users were liquidated shorting $IP with their $USDC deposit.
two things you can do as a user to benefit from the situation
1) Borrow $IP to stake with @verio_story or @meta_pool (staking APR is ~7%, way in excess of interest cost of borrowing $IP)
2) Deposit $USDC to enjoy 80+% APR
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