👀
Best Stable Coin Play in DeFi?
>go to @eulerfinance/ mainnet
>go to strategies
>long USDT/short USDC strategy/loop
USDT Collateral:
🔷+1.63% APY in rEUL
🔷+17.05% APY in USDT
🔷+18.68% overall APY
USDC Debt:
🔶-8.67% APY in USDC
Collateral Yield - Debt Cost = +9.99% APY.
Can be multiplied/leveraged/looped up to 14 times & has 6.8m in liquidity, leaving you a solid net stable coin yield as well as accumulating $EUL which is basically in its very own bull market, absolutely ascendent.
Make the most of these opportunities whilst you can lads.
Enjoy.
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