Here's a great opportunity to stack more SUI, as highlighted by @0xPain__.
Earn over 16 times the native SUI staking rate by implementing a SUI looping strategy on Suilend.
Earn 33% APR with your $SUI on @suilendprotocol !
The strategy is simple: Looping.
It works like the sSUI/SUI strategy in Suilend Strategies, but instead of $sSUI, you use higher-yield LSTs such as @gumi_oshi3_en 's $oshiSUI and @FourPillarsFP 's $fpSUI.
Currently, both $oshiSUI and $fpSUI offer >10% deposit APR, and by looping 5 times, you can boost your effective yield to ~33% APR.
How to do it:
• Step 1: Stake your $SUI to $oshiSUI or $fpSUI on @springsui_
• Step 2: Deposit your LST on Suilend and borrow SUI
• Repeat Step 1
This strategy carries similar risks to the sSUI/SUI loop, but with higher returns. The only difference is that it’s done manually, takes about 5 minutes.
Start looping here:
• oshiSUI:
• fpSUI:
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