srONyc is now available as collateral on
@Loopscale, bringing a more capital-efficient way to gain leveraged exposure to ONyc's Senior Tranche.
With first-loss protection from jrONyc through
@ExponentFinance's ONyc Tranching Market, srONyc supports up to 5x leverage with lower collateral downside risk.
Mint srONyc on Exponent, then borrow USDC against it on Loopscale:
• 15%+ APY
• 5x max leverage
• 2x OnRe Points boost