Let me introduce a small mine for everyone to try!

By using 3x leverage to mine WBERA/iBERA, you can achieve an increase in returns.

Specifically, this method can raise the APR from 71% to 146%.

For friends who are familiar with leveraged mining, this method may seem familiar.

Its principle is actually similar to opening multiple contracts, allowing users to borrow more than double their invested assets to form an LP for mining. However, at the same time, the risk of liquidation from borrowing also increases.

Taking WBERA/iBERA as an example:

Users can mine with a maximum of three times leverage. Since there is an anchoring relationship between iBERA and WBERA, the risk of borrowing liquidation is almost negligible.

What we need to pay is the interest on borrowing WBERA or iBERA. As long as the income from the LP is greater than this interest, this operation is guaranteed to be profitable.

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TVL: $6.05K

DeFi Miner: BitHappy