The smart people who are trying to kill two birds with one stone on Mode and get four times the points by forming a one-way liquidity on Kim. Mode just announced that one-way liquidity can only get basic points, without any bonus.

A solution for the money-grabbing party: deposit your pledged ezETH on Ionic, then borrow WETH, and then swap it to ezETH on Kim. Since ezETH is about 2% off-peg from ETH, the price of swap is better than that of simple restake. The official promise is to open claims directly at the end of the month, so that the off-peg will disappear.

The 2% price difference is enough for the WETH loan interest.

In this way, you can also get 2 times the points for borrowing on mode, and through revolving loans, you can also increase the asset scale to more than 4 times the points.