this might be one of the craziest yield setups rn
@kamino just launched Fixed Rates, and
@onrefinance is already live with ONyc
> ~25% APY on the ONyc Multiply strategy
> borrowing USDC at a fixed 8% for 30 days
the key part: your borrowing cost is locked, so a sudden borrow rate spike can’t destroy your yield 🧠
starting with $1.5M capacity. (only 900k left)
tldr: leveraged ONyc yield + fixed cost of capital
welcome to solana DeFi, with kamino