Some whales are looping PT srUSDe on Aave. 🚨
Aave just increased its supply cap to $200m. And it reached $136M within a few hours (+36%).
Why are they farming? Because it's profitable:
- 29.71% APY when max loop
- Each loop has +4.49% APY from PT srUSDe yield
- Borrow USDe on Aave (2.31% APY, cheapest rate)
- Deep liquidity, easy to unwind
I saw this coming a few days ago, so I decided to create this 5x looping strategy template for everyone on @Infinit_Labs.
So you don't need to calculate the amount in each step but can still get 14.61% APR on 5x loop.
TLDR on how this strategy template works:
- Go to my strategy page
- Simulate to see all steps
- Once execute, agents on infinit build all transactions for you to sign and interact directly with protocols like Aave, Pendle.
- It's not a vault. Every transaction is approved and executed by you.
- You can verify each step with transaction popup from wallet like Rabby
Try it out or you can also manually loop it yourself (Pendle → Aave → Pendle →...)
Make sure to understand all risks before looping. NFA, DYOR.

Juicy yields
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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