Note: The strategies from the past two days need to be adjusted due to interest rate reversal!
The previous "Stablecoin 20% APY" and "ETH 10% APY" both need adjustments.
However, the APY can still be maintained at around 20% and 10%, but the core of depositing USDC to borrow USDT0 needs to be changed to depositing USDT0 to borrow USDC.
The ROE in the attached image is very high, but participation is not recommended!
Because Euler's strategy is not a circular loan, but a circular swap.
Swapping will incur losses, and once it evolves into a long position on the collateral asset and a short position on the borrowed asset after circular collateralized lending, it will also lead to losses due to the exchange rate issues between the two assets.
Note: The above is for information sharing only and not investment advice. Please do your own research!
DeFi Enthusiast: BitHappy