f(x) Protocol
@protocol_fx
f - High & Sustainable USD yield
x & s - Liquidation Protected Leverage with Minimal Funding Cost
$fxUSD $FXN
By @aladdindao
๊ฐ์
April 2023
9 ํ๋ก์ ์ค 18.1K ํฌ
40% APR on USDC.
Here's the loop:
โ Deposit USDC into fxSAVE (6.5%, autocompounding)
โ Borrow USDC against it on Morpho at 3.85%
โ Repeat to 10x
All in one transaction, thanks to 9Summits
$8M USDC ready to borrow ๐
๋ ๋ณด๊ธฐ
