Finally, today the PT-sUSDe expires, but the AAVE sUSDe pool is full!
Now it's more cost-effective to directly swap sUSDe, with a profit of about 0.32% per transaction, requiring a 7-day unlock.
If we follow the most popular USDe + sUSDe circular loan for five times at a 50% APR over the past two days.
This could save approximately👇
(1 + (0.9) + (0.9 * 0.9) + (0.9 * 0.9 * 0.9) + (0.9 * 0.9 * 0.9)) * 0.32% / 2 ≈ 0.668% of the principal.
This is approximately 0.668% / (50% / 365) ≈ 4.87 days of earnings.
If during these 4.87 days, the sUSDe pool can be added, that would be great; otherwise, it wouldn't be worth it.
Because the 0.668% converted to APR is only 0.668% / 7 * 365 ≈ 34.8%.