I have to say
In the end, it's all about who knows how to play the game in DeFi @FalconStable
Falcon's recent moves
Present another wave of arbitrage opportunities
Euler vault is live, using USDC as bullets
Yield cycles are directly maxed out
I took a close look
What changes come with accessing the Euler vault?
To put it simply
Use your USDf and sUSDf as bullets
Borrow USDC to continue minting USDf, cycling yields
Currently, Euler supports three types of coins
1. USDf (Base stablecoin)
2. sUSDf (Yield-bearing token)
Earn ~10% APY while collateralizing
3. PT-sUSDf (Fixed income token)
sUSDf and PT earn continuously during the collateral period
Means the assets you put in aren't dead assets
They're machines generating income 24/7
One cycle thickens the yield pool
Now on Euler, Frontier Finance
USDC TVL has already surpassed 6 million dollars
Feels like this leverage on leverage
Annualized returns could hit 30%
Currently, Uniswap trading rewards are doubled
You can also earn free Miles
Trade using Uniswap's USDT/USDf pool
The official now gives 2x Miles
Daily trading volume per dollar counts as double points
For those who don’t want to leverage up
And are as steady as a rock
Just toss USDC into Euler
As LP to earn lending interest (8-12% annualized)
I researched Falcon's cards
Circulating Supply
570 million dollars has been stable
Should have a certain safety net
The Euler vault just opened
USDC lending rates haven’t ramped up yet
Now is the quiet opportunity to earn the first miners