► 9.72% Junior
@Neutrl sNUSD
► 4.66% Senior sNUSD
► 8.65% Coverage (11.6x Exposure)
Pretty cool.
Compare this with the
@Morpho loop:
10x Leverage, Net: 12.5% APY
Tranche Benefit: no slippage or liquidation risks.
Loop Benefit: higher APY and different SC risk profile.