¡ HOLLAR está aquí !
Congrats to the @hydration_net team on this major delivery. It's another step forward for DeFi in the Polkadot ecosystem.
Here's a strategy to put your $vDOT to work👇
Go to BORROW:
1️⃣ Supply $vDOT - You keep earning vDOT APY and compounding staking rewards
2️⃣ Borrow $HOLLAR with a safe health ratio. Safety 1st as always.
3️⃣ Go to STRATEGIES:
4️⃣ Select asset = HOLLAR - what you just borrowed previously
5️⃣ Pick your Hollar strategy between the different stable reserves
6️⃣ ADD LIQUIDITY
7️⃣ Go back to BORROW and check your positions
👉 You earn the difference between HOLLAR borrow cost (5% APY) and the supply yield (17.35-19.36% APY)
👉 You keep earning 11.55% APY with your supplied vDOT
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