even at 5x leverage, this strategy yields 25% APR in $BOLD + airdrops
TL;DR
- deposit ysyBOLD (earning 6.5%) on @asymmetryfin
- borrow USDaf at 1.5%
- net profit = 5% APR in BOLD on 1x leverage
at 3x: 15% APR
at 5x: 25% APR
at 10x: 50% APR
15+ airdrops on top!
a yield-bearing $BOLD strategy 🟢 🔵
ICYMI, you can use @yearnfi's ysyBOLD as collateral (earning ~6.5%) on @asymmetryfin & borrow $USDaf for just 1.5% ❗️
loop that 10x and it is:
+ 65% yield from the loop (ysyBOLD 6.5% x 10)
- 15% USDaf cost (1.5% x 10)
= ~ 50% APR in BOLD + exposure to all Liquity V2 fork airdrops
937
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