If I had $500k in crypto now, I would:
1. Be full-time crypto.
2. Move somewhere cheap and comfy: Thailand or Bali.
3. No memecoins, no leverage. Ever.
4. $50k on Aave used to cover life expenses for +1 year.
5. $200K into megaETH farming at mainnet launch. No sybil, team isn’t dumb.
Expect farm to reward actions, not just TVL. Asymmetric upside here.
6. $50K into Pendle. Study YTs, track daily, set limit orders, wait for whales to ape PTs to get a good entry.
7. $100K into Extended. Delta-neutral with GTE when live. Strong team, still low volume.
8. $100K on Aave ready for bloody days.
Goal: Survive. Don't lose everything. Scale over time.
xUSD has ~$170M backing it on-chain.
They’re borrowing ~$530M from lending protocols.
That’s 4.1x leverage. On many illiquid positions.
This isn’t yield farming.
This is degen gambling.
Stay away from this.
Don’t touch Morpho / Euler vaults tied to this trash.