Markets are pumping which means high funding rates and high PT APRs ENA is pumping which means high sUSDe yield The perfect storm for some leverage loops on @SiloFinance if you still have some idle stablecoins Top Ethereum Loops • @ethena_labs PT-sUSDe (Sep) - 66% APR • @FalconStable PT-sUSDf (Sep) - 75% APR • @ResolvLabs PT-RLP (Sep) - 78% APR @SonicLabs Loops • @GetYieldFi yUSD - 26% APR (incl points) • @StreamDefi xUSD - 58% APR (self reported) @avax Loops • @avantprotocol savUSD - 58% APR (self reported) • @StreamDefi xUSD - 45% APR (self reported) Don't know how to loop stables? ✅ The manual Method: 1️⃣ Buy the stablecoin on a DEX or mint on project webpage 2️⃣ Deposit collateral to Silo vault 3️⃣ Max borrow against collateral 4️⃣ Repeat until wanted leverage, end the final loop without borrowing I typically do 6 loops, this means you could end up doing 20 txs so make sure to include gas fees into the consideration if using Ethereum mainnet ✅ Automatic leverage: For some pools Silo can automatically perform the looping for you. Simply go to "Leverage tab" under Borrow, slide the leverage slider and deposit in a single tx ⚠️ Risks: Note that this is not an endorsement of any of the stablecoins in the list. DYOR is advised Leverage looping has liquidation risk, so make sure you understand the risks involved, and always leave a little wiggle room in case there's a depeg or if borrowing rates increase sharply Also be aware of the borrowable liquidity if you plan to enter with size. If you max out the borrowable liquidity your borrow rates will go up by a lot Some of the staked stablecoins might have a withdrawal period for going back to USDC High yield never comes without risk Note: I'm a Siloooo ambassadooor