Discover and read the best of Twitter Threads about #GetPaidToBorrow
Most recents (2)
A conservative yield strategy ft. a blue-chip trio of @0xPolygon
Platforms involved:@stader_polygon, @AaveAave @GainsNetwork_io @beefyfinance
Spoiler: This is a zero IL strategy that lets you enjoy MATIC price appreciation
Here’s how you deploy it 🧵👇
1/5
Platforms involved:@stader_polygon, @AaveAave @GainsNetwork_io @beefyfinance
Spoiler: This is a zero IL strategy that lets you enjoy MATIC price appreciation
Here’s how you deploy it 🧵👇
1/5
Step #1: Or should we say Step #0
Because converting MATIC to MaticX should be the first priority of any MATIC holder
It gives you an extra layer of yield regardless of your DeFi participation
Stake your MATIC with Stader for a ~6% APY
And mint MaticX tokens
2/5
Because converting MATIC to MaticX should be the first priority of any MATIC holder
It gives you an extra layer of yield regardless of your DeFi participation
Stake your MATIC with Stader for a ~6% APY
And mint MaticX tokens
2/5
Step #2:
Deposit MaticX on Aave
Borrow 40% of MaticX value in stablecoins
Aave charges you an interest rate of 1-2%
But:
Note that you’re technically getting paid to borrow
Since, Stader’s APY > Aave’s Interest Rate
3/5
Deposit MaticX on Aave
Borrow 40% of MaticX value in stablecoins
Aave charges you an interest rate of 1-2%
But:
Note that you’re technically getting paid to borrow
Since, Stader’s APY > Aave’s Interest Rate
3/5
@0vixProtocol calls for a whopping 80% APY🔥opportunity using MaticX
Will you be up for it? All you need to do is..
Supply MaticX, borrow MATIC, stake into MaticX & repeat the process
A 🧵on how to take advantage of this lucrative yield opportunity and #GetPaidToBorrow 👇
1/6
Will you be up for it? All you need to do is..
Supply MaticX, borrow MATIC, stake into MaticX & repeat the process
A 🧵on how to take advantage of this lucrative yield opportunity and #GetPaidToBorrow 👇
1/6
Step #1:
Stake your MATIC at polygon.staderlabs.com/liquid-staking…
And mint MaticX tokens while earning a ~6% APY
2/6
Stake your MATIC at polygon.staderlabs.com/liquid-staking…
And mint MaticX tokens while earning a ~6% APY
2/6
Step #2:
Supply 100% of your MaticX tokens on @0vixProtocol
to get pre-mined VIX tokens at a 28% VIX APR & 2% supply APR
3/6
Supply 100% of your MaticX tokens on @0vixProtocol
to get pre-mined VIX tokens at a 28% VIX APR & 2% supply APR
3/6
