If you are a $wBTC holder, you can earn 5. 0% Total APR by simply depositing in Silo.
10 Nov 2023, 13:05
If you are a $wBTC holder, you can earn 5.0% Total APR by simply depositing in Silo.
But what if you want to amplify your yield?
Here is how you can employ $USDC rate arbitrage on Silo to do this š
šššš: we use $wBTC as an example but this can be done with any token.
Same news in other sources
210 Nov 2023, 13:05
By redeploying the borrowed $USDC into another market, we added an extra yield layer to your $wBTC deposit.
This strategy remains effective if your $USDC deposit rate exceeds your original borrow rate.
Try here:
#SiloTheRisk
By redeploying the borrowed $USDC into another market, we added an extra yield layer to your $wBTC deposit.
By redeploying the borrowed $USDC into another market, we added an extra yield layer to your $wBTC deposit.
This strategy remains effective if your $USDC deposit rate exceeds your original borrow rate.
Try here: https://t.co/mA5FJikZFk
#SiloTheRisk
10 Nov 2023, 13:05
4ā£ Deposit $USDC
Deposit your borrowed $USDC into your newfound market.
Here we are using the $wstETH silo as an example which yields 14.1% Total APR on $USDC deposits.
Deposit $USDC. Deposit your borrowed $USDC into your newfound market.
4ā£ Deposit $USDC
Deposit your borrowed $USDC into your newfound market.
Here we are using the $wstETH silo as an example which yields 14.1% Total APR on $USDC deposits.