Big Mine: Unichain's ETH Yield Opportunity, 10% APY!

This strategy is the ETH version derived from the 'Stablecoin 20% APY' shared the day before yesterday, with the core protocols being Morpho and Euler.

📝 Strategy Logic:

1️⃣ Provide ETH in Morpho and borrow USDC with no interest payments, or even subsidized interest;

2️⃣ In Euler, the APY for depositing USDC is 7.85%, and the APY for borrowing USDT0 is 4.28%;

3️⃣ In Morpho, the APY for depositing USDT0 is 9.38%;

Based on the APY at the time of posting, through the table calculations: investing $10,000 worth of ETH and only borrowing 70% of USDC can achieve an APY of 10%, with daily earnings of $2.69.

Tip: ETH can be directly withdrawn to Unichain through a certain X, and lossless cross-chain USDC can be done via Unichain's official Superbridge.

Note: The above is for information sharing only, not investment advice. Please do your own research!

DeFi Enthusiast: BitHappy