BitHappy
--
Bullish
A DeFi arbitrage tutorial with a minimum of 50%+ APR, shared with everyone!
Also on the Sui chain, the core is to borrow interest through Scallop (from Sui subsidies) + deposit interest!
Scallop is the top lending protocol on the Sui chain and is currently the fourth-ranked protocol in TVL on Sui. There is almost no need to worry about risks!
🌟 It is also an old friend of mine. I have written investment research and arbitrage tutorials for it. Friends who are worried about risks can read the investment research article at the end of the article!
➤ Recommended operation path:
1. Withdraw $USDC to Web3 wallet through the exchange
2. Deposit USDC into the collateral pool of Scallop's borrower asset pool
3. Find the DEEP of the borrowing pool in the Scallop borrower asset pool
4. Click on borrowing, pull the percentage to about 75% (the higher the borrowing ratio, the higher the potential liquidation risk and the higher the return), click on borrowing; you can get 67.97% - 30.77% = 37.2% APR
5. Find the $DEEP of the lending pool in the Scallop lender asset pool
6. Click on supply, click on maximum; you can get 14.84% APR
According to the recommended operation, as of the time of posting, you can get 37.2% + 14.84% = 52.04% APR!
But it should be noted that you need to pay a 1% handling fee when borrowing, which means that you will actually get the income after about 6/7 days, and this part of the handling fee will be used as Scallop's protocol income!
The above operation is when you have USDC. If you don't have USDC, but have a copycat or a big cake.
Then it is recommended to use the currency in your hand to pay about 3% APY to borrow USDC to participate in the exchange. Although this is not as high as the original interest, it is also about 48% APR!
This is one of the charms of DeFi: turning waste into treasure!
Since I borrowed $SUI to participate in $haSUI arbitrage a few days ago, I used haSUI as the underlying asset for operation. There are many underlying assets supported. You can take a look.
Yes, if you have SUI and will not sell it in the short term, you can deposit it in Scallop, which will increase the APR, and the APR can be doubled at most, that is, more than 100% APR!
The tutorial is just a way, everyone should read it more and don’t let your assets sit idle!
🔔 Risks are at your own risk, I don’t think it’s a big problem, hahaha!
点击查看 Scallop 投研文章！
Also on the Sui chain, the core is to borrow interest through Scallop (from Sui subsidies) + deposit interest!
Scallop is the top lending protocol on the Sui chain and is currently the fourth-ranked protocol in TVL on Sui. There is almost no need to worry about risks!
🌟 It is also an old friend of mine. I have written investment research and arbitrage tutorials for it. Friends who are worried about risks can read the investment research article at the end of the article!
➤ Recommended operation path:
1. Withdraw $USDC to Web3 wallet through the exchange
2. Deposit USDC into the collateral pool of Scallop's borrower asset pool
3. Find the DEEP of the borrowing pool in the Scallop borrower asset pool
4. Click on borrowing, pull the percentage to about 75% (the higher the borrowing ratio, the higher the potential liquidation risk and the higher the return), click on borrowing; you can get 67.97% - 30.77% = 37.2% APR
5. Find the $DEEP of the lending pool in the Scallop lender asset pool
6. Click on supply, click on maximum; you can get 14.84% APR
According to the recommended operation, as of the time of posting, you can get 37.2% + 14.84% = 52.04% APR!
But it should be noted that you need to pay a 1% handling fee when borrowing, which means that you will actually get the income after about 6/7 days, and this part of the handling fee will be used as Scallop's protocol income!
The above operation is when you have USDC. If you don't have USDC, but have a copycat or a big cake.
Then it is recommended to use the currency in your hand to pay about 3% APY to borrow USDC to participate in the exchange. Although this is not as high as the original interest, it is also about 48% APR!
This is one of the charms of DeFi: turning waste into treasure!
Since I borrowed $SUI to participate in $haSUI arbitrage a few days ago, I used haSUI as the underlying asset for operation. There are many underlying assets supported. You can take a look.
Yes, if you have SUI and will not sell it in the short term, you can deposit it in Scallop, which will increase the APR, and the APR can be doubled at most, that is, more than 100% APR!
The tutorial is just a way, everyone should read it more and don’t let your assets sit idle!
🔔 Risks are at your own risk, I don’t think it’s a big problem, hahaha!
点击查看 Scallop 投研文章！
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.