š syrupUSDT is @maplefinance's yield-bearing USDT token that provides anyone with access to institutional lending yields. The strategy automates a recursive leverage strategy that borrows USDT on Aave v3 and/or Morpho against syrupUSDT collateral and loops it back into Mapleās yield-bearing syrupUSDT to capture the spread between Mapleās institutional credit yield and Aave/Morpho's USDT borrow rates. Execution utilizes primary minting and redemptions with @maplefinance to minimize slippage and relies on a conservative oracle and risk parameters on Aave.

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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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