Just a heads-up: the $YU strategy on @eulerfinance is getting a boost.
There are now $20k in new incentives available in the @yalaorg Euler pool, potentially increasing your APR to 11% (without leverage).
Additionally, you can earn 3-5x boosted Berries by supplying $USDC and $YU in Euler Lending Pools, or you can loop PT-YU.
If you love leverage, use Euler Multiply to borrow against PT-YU and earn up to 57% APY (10x leverage).
Insanely good.
➥ DeFi Strategies Series - Yala
We know that @yalaorg unlocks BTC liquidity and programmability. But how can you maximize your yield within its ecosystem? We've got you covered.
Let's dive into the actions ↴
Start by converting your asset to $YU or minting it by depositing $YBTC.
— Degen YU Strategy
✧ Visit @pendle_fi to deposit YU into PT-YU.
✧ Deposit PT-YU into @eulerfinance to borrow YU. Use the Multiply feature for easy looping (up to 16x leverage with 94% LTV).
✧ Alternatively, borrow YU, convert it to PT-YU, and lend it in the Frontier Yala Vault.
✧ If you're skilled at managing LPs, consider providing liquidity for YU/USDC on @Uniswap.
...
— Chill YU Strategy
✧ Deposit YU in Pendle and mint LP-YU.
✧ Maximize your APR by depositing it on @Penpiexyz_io or @Equilibriafi because you need vePendle to have higher yields for your LP.
...
Please note that the yield does not include Berries Points unless you purchase YT assets on Pendle solely to leverage points. It also excludes other protocol points, if applicable.
Since the $YALA airdrop is multi-seasonal and its first phase has already concluded, this is your opportunity to earn higher rewards on S2.
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