@SHREDfi 15% sustainable yield on stables on @HyperliquidX... possible?
đź§µ [1/8] Let's find out..

Plenty of options exist, from ponzis to short-term opportunities, but can any be truly sustainable?
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The answer’s yes. Here’s how...
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The carry trade, backed by over-collateralized assets (buy ETH spot, sell the perp, collect funding rate), is a proven strategy. Most know how it works..
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@ethena_labs success proves it’s sustainable, but yields average 6-9% APR. Not quite our 15% target
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To hit 15%, add slight leverage to both spot (ETH) and its short perp. Historically, this even exceed 15% by quite a bit...
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Sounds easy? Nope. Liquidation risk increases (slightly), and APR fluctuates.
Complexity increase a bit, but if it were simple, it would already exist.
Next: Can we make this APR predictable and UX seamless? Is it scalable? Stay tuned for more!
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Disclaimer: None of this is investment advice. As always DYOR!
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