I just completed the @SpriteClubNFT Prologue and I think I might be a Adventurer! Which Class do you think you are? 🍄 #SpritesPrologue https://t.co/aGNeg6HDcF
The best risk-averse stablecoin play:
Supply $USDC -> Borrow $UST -> Bridge & deposit on anchor -> every month roll your yield back to USDC. E.g. on Rari pool 6 this nets you a ~17% APY incl borrow interest + lending yield + anchor yield.
What do you gain from doing this?