DMH 🦇🔊🌊|1月 27, 2025 17:22
napkin math
30x sats equal to ~6% APY
sUSDe-USDT DEX LP with 0% trading fees is 9.1% (12% on sUSDe and 6% on USDT)
So just LPing = 15% APY, leveraging against USDT (9.8% borrow APR) = ~60% APY
There is a $30m borrow cap on this vault, so...
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