Share a strategy for collateralizing Ethereum to earn multiple benefits @pendle_fi @protocol_fx @Equilibriafi @MorphoLabs
> By collateralizing $ETH through @AltitudeFi_, earn @LidoFinance rewards and $ALTI tokens, currently with an annualized return of about 10%, then borrow $USDC. The unique aspect of the project is that unused LTV will be automatically allocated to @MorphoLabs to earn income to repay borrowing interest.
> The borrowed $USDC can be directly deposited into @pendle_fi's $fxSAVE LP pool through @Equilibriafi, currently yielding about 18% annually with Equilibria's vePENDLE 1.9X boost.
> For information on the fxUSD + fxSAVE mechanism and risks, please refer to @ViNc2453's tweet: https://t.co/1VrymTZSLq
> After deducting Altitude's 4% borrowing interest, the annual yield is 24%.
> Previously, @protocol_fx offered a retrospective airdrop to leveraged trading players; it's uncertain whether future fxSAVE deposit users will receive any good benefits, but storing this annual yield for now is quite appealing.