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Royco
@roycoprotocol
The home of onchain finance.
加入 April 2024
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That number is now 44.57%. For context, @USDai_Official 's base staked rate is 8.57% APY. Nothing unusual is happening. It's tranching at work: as coverage gets closer to its defined floor, utilization rises, directing more yield to Junior.
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Junior on Royco's sUSDai market is paying 37% APY right now. That's almost 5x the 8% base staked rate from @USDai_Official.