Want to earn ~60% APY on your stables?
This new DeFi strategy is serving huge yields for depositors who get in before the current $1M cap.
Here's how you can leverage $jUSDC yields and @AlchemixFi bonus incentives with zero liquidation risk for ridiculous stablecoin yields 

Twitter

BTC reached an ATH, approaching the $100,000 milestone, however the market remains in a state of depression, with many of us here not even having reached the shore yet. So why is it that only BTC is soaring, while each meme and TRON has liquidity...

Account has not increased, what to do at this time?

This morning, Vitalik and Jesse bought the Base ecosystem meme coin <ANON> one after the other, which has once again sparked an AI token craze on Base, and this functional token with <ZK> technology has once again made the community aware that Base may be ushering in a Degen-like narrative at the beginning of the year.

Half a year ago, the Crypto AI projects in the market were still mostly concepts related to traditional AI technology, such as AI+DePIN and computing power rental, but now, Crypto AI projects have taken on a different style...

AI Agent's token issuance increased 100 times in one week, and the "Base Agent" ecosystem is emerging

On what basis did ANON attract Vitalik, Base founder Jesse, and Farcaster co-founder Dan Romero? And how did it drive <clanker>, <33bits>?

Where did ANON come from? Why did it attract Vitalik, Jesse, and Dan Romero?

ICYMI, $jUSDC is a GLP-backed stablecoin by @JonesDAO_io
@AlchemixFi is a liquidation-free self-repaying loan protocol
Let's stack these DeFi legos to synthesise some crazy yield
This thread is for educational purposes only. DeFi is risky and can cause total loss of funds.

On @arbitrum, navigate over to @JonesDAO_io and click into the Neutral USDC strategy, and deposit to obtain Jones USDC ($jUSDC) 

Take your jUSDC over to @AlchemixFi, click into the vaults section and make sure you're connected to Arbitrum in order to deposit your jUSDC into Alchemix
You can already stop at this step and be earning 45% APY (base + bonus yield) on your USDC
But let's take it further... 

Click on the 'Borrow' tab in Alchemix, and borrow 50% of your deposit as $alUSD, the Alchemix stablecoin
Now, we need to swap your alUSD for USDC. Always use an aggregator like @1inch or @DefiLlama for the best rates.
If your size is size, bridge alUSD to mainnet and swap there 

If you bridged for your swap, bridge back to Arbitrum quickly with @AcrossProtocol or any reliable bridge.
Take your USDC on Arbitrum and deposit back into Jones to get more jUSDC 

Take this jUSDC and put it back into Alchemix!
Congratulations, you're now earning a 1.5x leveraged yield, which currently comes out to ~60% APY 

Here's a few different scenarios for varying base yields, and also with no bonus incentives.
Even without bonus incentives, this strategy still serves market-leading yields.
Costs to deploy and unwind this strategy are &lt;2% total for $100k (can vary based on slippage etc) 

For the dedicated farmoor, this is a great strategy to diversify yields and deserves consideration as a stablecoin farming portfolio component.
Even if you're outperforming this strategy with something else, putting all your stables into one strategy exposes you to what I like… https://x.com/i/web/status/1859202791073575030

Let me know what you think!
Disclaimer: Not a recommendation to interact with any smart contract. Not financial advice. DeFi is risky and can cause a total loss of funds. I have a vested interest in all assets mentioned. Forward looking statements and figures quoted may be… https://x.com/i/web/status/1859202803228717456

some defi enjoyooors
@delucinator @veH0rny @rektdiomedes @TaikiMaeda2 @dcfgod @danblocmates @phtevenstrong @AvgJoesCrypto @crypto_condom @definikola @crypto_linn @Ceazor7 @wacy_time1 @Cryptoyieldinfo @lstmaximalist @0xGeeGee @2lambro @TokenBrice @cryptotesters @LouisCooper_… https://x.com/i/web/status/1859202815320842522