I'm surprised the good farmer is still looping. Nevertheless, let's answer his fairly niche question.
🚨The best Ethena-UNCORRELATED stablecoin strategies, and their loops🚨
A short thread (in no particular order)🧵👇
yieldfarming
@delucinator
03-27
I'm lazy and tapped out, would like some help in keeping up to date
Is there any farm that isn't risk correlated with Ethena? Would like the answer with/without Aave<>Ethena risk and amongst the ones that have that risk what looping strategy has the highest net yield atm
2) $PRIME (@HastraFi / @Figure)
Base APR: 7.5%
Loop on: @kamino
Max APR: 12.57%
Caveats:
► PRIME is backed by HELOC origination and securitization, giving holders a short (30-45 day) duration exposure to the underlying loans
► Rates on Kamino can be volatile
Sector:
From Twitter
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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