You shouldn't have to take on debt to earn.
pAssets like USDp and GOLDp will support collateral-only positions.
You deposit pETH into any market with no debt at the start (no minting at all), so you only have pETH exposure.
Then you just wait for the position to earn yield, in two ways:
- the Protocol Safety Rate, where higher-leverage positions pay you.
- peg arbitrage fees, as all open positions earn from peg buying and redeeming.