🤑 @ResolvLabs's $RLP, the APR in the past 7 days has rushed to 22%, which is a very bright 📈 performance
$RLP can be used as collateral in @MorphoLabs, giving us room to leverage and the revolving loan strategy mentioned earlier is still very profitable
To put it simply, the strategy is: Deposit $RLP -> Lend $USDC -> Buy More $RLP -> Deposit Again... Keep circulating, magnifying the yield!
Directly on the numbers 👇
▪️ $RLP True Return (7-Day AP): ~22%
▪️ Current interest rate for borrowing $USDC at Morpho: ~7.5%
Assuming we use 5x leverage, the Real Yield alone is up to 80% annualized!
Combined with the points from the airdrop, the APR of the entire strategy is close to 100%.
Revolving loans have liquidation risks, so you should control your leverage and health.
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