Check out the GHO yield market built on-top of GHO deposits in Fluid where the deposit yield has been consistently over 6% in recent weeks. The sustained demand is from borrow side incentive program. This program has months left to go and will scale.
Remember when Aave DAO acquired FLUID tokens... those tokens are now flowing to users who borrow GHO on Fluid.
This sustained demand fuels a healthy deposit rate exceeding the Sky Savings Rate and the best way to get exposure to this is via the PT on Pendle.
23.11K
50
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.