Today we're launching a product that's been in the works for months: Delta Neutral Yields
It uses our huge DB to find opportunities where you borrow a token and then farm with it
With this you can get >20% APY on BTC, ETH, USDC...
Thread on how to get that APY + examples
It uses our huge DB to find opportunities where you borrow a token and then farm with it
With this you can get >20% APY on BTC, ETH, USDC...
Thread on how to get that APY + examples
Leveraged farming of AVAX staking
1. Deposit BTC.B on aave
2. Borrow AVAX
3. Stake it to get sAVAX
4. Deposit on aave to borrow AVAX again
5. Repeat this to leverage the farming
This nets you an APY of 21.96% on your BTC with only exposure to aave and AVAX liquid staking!
1. Deposit BTC.B on aave
2. Borrow AVAX
3. Stake it to get sAVAX
4. Deposit on aave to borrow AVAX again
5. Repeat this to leverage the farming
This nets you an APY of 21.96% on your BTC with only exposure to aave and AVAX liquid staking!
Arbitrage between lending protocols
Borrowing OP in granary costs -6.5%, but depositing OP in Iron Bank gives you 33.5%
Just borrow in one and deposit in the other to arbitrage the rates and earn 22% on your BTC!
Borrowing OP in granary costs -6.5%, but depositing OP in Iron Bank gives you 33.5%
Just borrow in one and deposit in the other to arbitrage the rates and earn 22% on your BTC!
Arbitrage against a yield aggregator
1. Supply ETH for 5.8% APY
2. Borrow DAI paying 2% (you are paid to borrow!)
3. Deposit DAI in Reaper Farm for 15.7% APY
Now you are earning 16.22% APY on your ETH
1. Supply ETH for 5.8% APY
2. Borrow DAI paying 2% (you are paid to borrow!)
3. Deposit DAI in Reaper Farm for 15.7% APY
Now you are earning 16.22% APY on your ETH
There are thousands of other strategies like these uncovered by our yield dashboard
All these allow you to maintain your original exposure (eg: BTC, ETH, USDC..) while farming the higher yields that are provided for other tokens, with no exposure to their price!
All these allow you to maintain your original exposure (eg: BTC, ETH, USDC..) while farming the higher yields that are provided for other tokens, with no exposure to their price!
However these are not set and forget farms.
They all require active management to ensure the health ratio of your loan stays above water, the final APY of your position is good...
But the one piece of APYs awaits those willing to put the work and take the risk
They all require active management to ensure the health ratio of your loan stays above water, the final APY of your position is good...
But the one piece of APYs awaits those willing to put the work and take the risk
This dashboard is now live and available for free at defillama.com
We heavily recommend using the project filter to remove all projects you consider sketchy and to narrow down results, as otherwise the list is really long
We heavily recommend using the project filter to remove all projects you consider sketchy and to narrow down results, as otherwise the list is really long
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