Everbody wants to be a pretty butterfly but nobody's ready to put in the time.
But what if... what if you could SPEED UP that lifecycle?
What if you could BECOME the butterfly in double/triple/decuple time?
With the new @MorphoLabs LP markets you can do just that - read on.
👇
🪱 Caterpillar
Every journey starts with a strong foundation - in our case, Pendle LP Tokens.
Take LP-sUSDe for example:
✅ USD Exposure
✅ Boosted Points
✅ Boosted Yield
It's got the RECIPE for a beautiful butterfly...
...but what if we added a lil' Morpho Growth Serum?
🥥 Cocoon
Patient men hold LP-sUSDe for 44% more yield + 325% more points vs. sUSDe alone.
Impatient men use Morpho to leverage points AND yield up to 10x.
Since LP-USDs are USD-correlated, it's ESSENTIALLY the same as looping PTs.
But you now get points ON TOP of yield!
🦋 Butterfly
Let's see how a 10x LP-sUSDe/USDC loop on Morpho stacks up:
📌 29.58% yield (7.58x that of naked sUSDe)
📌 212.5x Sats/$/day (42x vs. sUSDe)
Yield alone makes it one of the best stablecoin strategies in DeFi.
Those POINTS are what make it TRULY beautiful.
♻️ The Life Cycle
To view the life cycle in it's full glory observe the following:
1⃣ Wrap your Pendle LP via the @pendle_fi dApp
2⃣ Deposit the wrapped LP on Morpho and borrow USDC
3⃣ Yeet this back into the Pendle LP and repeat
It's literally that easy to be pretty butterfly
Pendle currently supports LP wrapping for LP-USDe, eUSDe, and sUSDe - can do this in attached screenshot.
For full selection of Morpho markets, go here:
Time to become pretty little butterflies at lightspeed my warriors.
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