Silo Strategies: Farming asdCRV with $crvUSD. $CRV has multiple liquid yield strategies available. But what if I don't own $CRV.
28 Sep 2023, 09:37
š Silo Strategies: Farming asdCRV with $crvUSD
š $CRV has multiple liquid yield strategies available.
š¤ But what if I don't own $CRV? Can I still be a $CRV farmooor?
Here's how you can use Silo Llama to earn multiple layers of yield with @aladdindao 's $CRV farms š
Same news in other sources
328 Sep 2023, 09:37
NOTE:
Interacting with smart contracts is NOT risk-free.
The strategy depends on $sdCRV pegs which are market-dependent.
Maintain an adequate health factor on Silo to avoid liquidation.
Silo docs:
AladdinDAO docs:
NOTE:. Interacting with smart contracts is NOT risk-free. The strategy depends on $sdCRV pegs which are market-dependent.
NOTE:
Interacting with smart contracts is NOT risk-free.
The strategy depends on $sdCRV pegs which are market-dependent.
Maintain an adequate health factor on Silo to avoid liquidation.
Silo docs: https://t.co/2nDh7GX4t0
AladdinDAO docs: https://t.co/qhfRC6oMgQ
28 Sep 2023, 09:37
Silo Llama is not just a way for $crvUSD holders to earn interest - it also unlocks access to multiple yield strategies via our double-sided lending markets!
Big shout-out to @HubertX13 for finding this strategy š
Try our app here:
#SIloTheRisk
Silo Llama is not just a way for $crvUSD holders to earn interest - it also unlocks access to multiple yield strategies via our
Silo Llama is not just a way for $crvUSD holders to earn interest - it also unlocks access to multiple yield strategies via our double-sided lending markets!
Big shout-out to @HubertX13 for finding this strategy š
Try our app here: https://t.co/v54PrRZEYx
#SIloTheRisk
28 Sep 2023, 09:37
4ā£ Close position
When you want to close your position, withdraw from the vault and swap $sdCRV back for $CRV via the sdCRV-CRV Curve Pool!
You can then repay your loan on Silo Llama and withdraw your $crvUSD (or keep that interest coming in).
Curve:
Close position.
4ā£ Close position
When you want to close your position, withdraw from the vault and swap $sdCRV back for $CRV via the sdCRV-CRV Curve Pool!
You can then repay your loan on Silo Llama and withdraw your $crvUSD (or keep that interest coming in).
Curve: https://t.co/84Iq31eE3V