OxTøchi 🦇🔈
OxTøchi 🦇🔈
USDC+0.28%
did a thing here a stable farm interaction —> @OpenEden_X • raised $5m • backed by YZILabs • stronk RWA narrative to get started... visit • create an account • supply assets to start earning BILLs you earn 1 BILL/DOLLAR gonna walk you through with my strat... swapped some USDC for cUSDO on aerodrome (base network), and supplied USDC-cUSDO liquidity in there supplied the LP token as collateral on MORPHO LENDING for a 5x multiplier, then borrowed USDC against it while doing this, I was mindful of my LTV ratio to avoid liquidation risk. please keep this in mind! supplied the borrowed USDC into the clearstar openeden USDC pool in MORPHO EARN for a 3x multiplier so in a nutshell... supplied liquidity worth $2.3k in aerodrome, and used the LP token as collateral on morpho lending to borrow $1k USDC. I get a 5x multiplier for lending on MORPHO afterward, I supplied the borrowed $1k into the clearstar openeden pool on MORPHO EARN for 7% APY in yields and 3x BILLs points the play here is to use stables to earn yields and airdrop points while gaining exposure to multiple tokenless ecosystems.
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