Here's a yield strategy offering 55% APY:
1. Buy PT-sUSDai-15OCT on
@pendle_fi
2. Bridge it to BNB Chain via Pendle's PT bridge
3. Go to
@lista_dao Lending
4. Loop PT-sUSDai-15OCT/USDT there
At 11x leverage, this strategy returns ~55.6% APY.
That's because the avg 7d borrowing rate for USDT on Lista is 4.67% per Yieldz(.)io.
Meanwhile, PT-sUSDai offers a 9.3% fixed APY.
So there's a huge spread between the PT-sUSDai yield & the USDT borrow rate.
sUSDai yield comes from GPU-backed loans.
If you hold sUSDai, I don't think there's any better way at this moment to use it in DeFi than this.