Zhongkuang: 19% APY Stablecoin Strategy!

Hey, after being tormented by Euler for several days, I happened to come across taolige666's post, and it’s time to adjust the strategy!

However, the current yield is higher than when Six Brother posted before, probably because there are still 11 days until maturity?

But it doesn’t matter, the new round of USDe has already opened in Pendle, and I expect new incentives will be launched after maturity, let’s enjoy it first!

📝 Operation Process:

1️⃣ In Ethena, exchange stablecoins for USDe, and cross-chain to BNB Chain, with a wear cost of about 1.2U;

2️⃣ In Pendle, switch to BNB Chain, and use USDe to mint PT-USDe;

3️⃣ In Lista, stake PT-USDe and borrow USD1, and deposit the borrowed USD1 into Solv's USD1 vault;

Finally, by calculating using the current interest rate table, the APY can be calculated as 19.61, yielding $4.91 daily on an investment of $10,000.

Part of the profit comes from the fixed income of PT, and part comes from the floating income of Solv incentives in the Lista vault.

Note: The above is for informational sharing only, not investment advice, please do your own research!

DeFi Enthusiast: BitHappy