60% APR on $SOL risk free. The best Yields for your $SOL are on @katana Similar play to @Lombard_Finance $LBTC Step 1: Mint uSOL or JitoSOL on @universaldotxyz or Swap on @SushiSwap on @katana Step 2: Access Morpho on Katana Once on Morpho, select katana as network and go to the borrow section. Use the filter option to find the $JitoSOL. Step 3: Deposit $JitoSOL and Borrow $uSOL In the JitoSOL market, deposit your JitoSOL. Choose to borrow uSOL to earn a 12% APR Step 4: Maximize Exposure Swap $uSOL to $JitoSOL and repeat step 2. As these are like to like assets, you risk of liquidation is almost 0 and $JitoSOL being Yield bearing, your LTV will reduce over time. When looping your position: a $1000 deposit can provide $5000 exposure, effectively increasing your returns by 5X. So instead of getting 12% APR on $JitoSOL, if you loop you will get 60% APR. Note: Rewards are paid in $KAT, @katana governance token Wild , Wild speculation, maybe there is a...
Show original
1.3K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.