💵😱🤑 107% APR for stablecoins using AAve & Uniswap. 💵😱🤑
Instruction:
1. Supply FRAX on AAve and earn 30% APR
2. Borrow USDC (pay 2% APR for borrowing)
3. Supply USDC on AAve to get EURC
4. Borrow EURS (pay 1% APR for borrowing)
5. Provide USDC / EURS on Uniswap Polygon and earn 80% APR
6. Enjoy your 107% APR
P.S. You can skip step 3, 4 and just swap half USDC to EURS. In the instruction above, we suggest to do it as a part of risk management. In case EURS gets unpegged.
⚠️🚫🔞 And of course, don’t forget to DYOR.
Post #173
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