ListaDao has now brought XRP to BNB Chain, and Lista's reach is gradually expanding to other chains. This is @MidasRWA's first visit to BNB Chain; welcome to the great team! Depositing mXRP and then borrowing XRP to play the BNB cycle has already increased everyone's annualized XRP return by several percentage points. Previously, venus deposits of XRP only yielded less than 1%, but now there's more to it. For those holding BTC or SolvBTC: Currently, using BTCB and SolvBTC as collateral to borrow #bnb on Lista Dao offers low interest rates. The overall return on borrowing BNB is roughly as follows: borrowing cost approximately 0.25%; collateral earns approximately 0.10% in transaction fees on-chain; borrowed BNB participating in Binance Launchpool yields approximately 10.33% annualized. Alternatively, depositing it into smart lending also yields very low returns.
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Lista DAO
@lista_dao
11-18
XRP vault & mXRP market is also live on Lista Lending.
Deposit $XRP with @hyperithm with ~2% APY!
👉 https://lista.org/lending/vault/bsc/0x0fca33dbe0889dc7ea2d9bd568422be2401b4c02?tab=vault…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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