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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