Thread by @stader_polygon

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

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

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

Step #3:

Find a high APY stable coin LP on your favorite autocompounder @beefyfinance or the $DAI vault on @GainsNetwork_io to get a high yield stablecoin opportunity at 10-12%

4/5

Your total APY from this strategy will be around 10%

That’s not bad when you factor in zero IL and benefits of MATIC price appreciation

Profit off of this strategy right now

And follow @stader_polygon for more such strategies that let you #GetPaidToBorrow

5/5