Re Intern

@re intern

[Re Intern @reintern]

free money + ton of points or moonmath on YT reUSDe

at the moment, the underlying APY of reUSDe is ~15%, while the implied yield is ~14% APY

what does this mean?

implied yield -> effectively the price you are paying for the YT
underlying APY -> the actual yield generated by reUSDe

if you buy YT at the current price, you are capturing roughly +1% APY spread, multiplied by YT leverage, as long as the underlying APY stays around 15%

on top of that, you get a significant amount of points:
~78x sats
~473x @re points

given that reUSDe’s target APY range is 13-23%, this looks like a strong entry point for pointsmaxxing and actually profiting from YT

* risks to keep in mind:
-> if the underlying APY drops below your entry implied yield, YT can become unprofitable
-> YT prices naturally decay over time, so timing and yield sustainability matter
-> entry & exit slippage

NFA

[Re Intern @reintern]

@0xseth_ (@re)insurance is a billion dollar market alone

[Re Intern @reintern]

@PinkBrains_io @aave @arc @babylonlabs_io S2 @re points looking good here

[Re Intern @reintern]

@pendle_fi @apyx_fi @alturax @strata_markets @re @Theo_Network @saturn_credit pendle

[Re Intern @reintern]

@HarryTran_RWA @The_DTCC thanks for the (re)cap 🫡

[Re Intern @reintern]

@CreativityEngr @avax @progmat_en @re spotted 👀

[Re Intern @reintern]

@lxrtnoir @avax @Visa @Citi @Heis_Encrypted @Team1NG reeeeeeee

[coinfoin @coinfoin_]

$RE Season 1 points program and TGE are getting closer 👀

I am using my previous strategy again: looping PT-YT $reUSD

The difference now is that I’m using Lista on BNB Chain. It’s a bit more complicated, but the borrow fee is only around 3%.

Sharing my strategy might make the borrow fee go up, though 😅

Here are the steps:

1. Mint reUSD on the RE dashboard
KYC is required, but minting gives you more reUSD compared to buying from a DEX.
2. After receiving reUSD, mint PT & YT reUSD on Pendle

Link: https://t.co/pZxF3L9cZ0

3. Bridge PT reUSD to BNB Chain

Bridge link: https://t.co/qlwWwYXQzI

4. Borrow USDT using PT reUSD as collateral on Lista, BNB Chain

Link: https://t.co/OOExB1q8Jb
My health rate is around 1.05.

5. Send USDT from BNB Chain to a CEX, then withdraw it back to your wallet as USDT on Ethereum

USDT DEX bridges have bad rates.

6. Repeat step 1 to loop again

You can mint reUSD using USDT, USDC, or USDe.

Done.

You can loop around 5–7x.

Don’t forget to use my referral link to get a 6% points boost https://t.co/3sSiI0bsg1

Thank you 😘

[Re @re]

RE TGE is coming soon.

A new era for the internet native insurance capital market begins.

More details here:
https://t.co/GG2gNe09hQ

[Re Intern @reintern]

@FourVork so true king

[Re Intern @reintern]

@Tangent_fi @CurveFinance @fraxfinance @protocol_fx @ResupplyFi wrong reUSD fr fr

[Re Intern @reintern]

@crypto_linn @boros_fi @pendle_fi @OdysseyFi @maplefinance @Theo_Network @KyanExchange @Mantle_Official Reeeeee

[Re Intern @reintern]

A recap:

For the points stackooors
• LP-reUSD → 9.17% APY + 30x Re points + 5x Ethena Sats
• LP-reUSDe → 15.88% APY + 30x Re points + 5x Ethena Sats

For the fixed yield enjoyooors
• PT-reUSD → 8.75% APY
• PT-reUSDe → 13.48% APY

Just keep stacking @thelearningpill, right?

[The Learning Pill 💊 @thelearningpill]

Honest work is underrated - sometimes too many numbers make our brains fog and we forget all these decent yield options out here (beyond Yield Collective series...)

I've seen popular ones floating around:
> @re reUSD/e
> @Neutrl sNUSD
> @strata_markets jrNUSD/srNUSD

Update on these pools on @pendle_fi $PENDLE right now:

👉 For the conservative points stackooors

• LP-reUSD → 9.17% APY + 30x Re points + 5x Ethena Sats
• LP-reUSDe → 15.88% APY + 30x Re points + 5x Ethena Sats
• LP-sNUSD → 11.34% APY + 25x Neutrl points
• LP-jrNUSD → 13.58% APY + 20x Strata points + 10x Neutrl points
• LP-srNUSD → 11.41% APY + 60x Strata points + 40x Neutrl points

👉 For the conservative fixed yield enjoyooors

• PT-reUSD → 8.75% APY
• PT-reUSDe → 13.48% APY
• PT-sNUSD → 12% APY
• PT-jrNUSD → 11.29% APY
• PT-srNUSD → 8.4% APY

*Points to note:
> Understand the difference between the jr/sr tokens from Strata markets as higher APRs from jr-tokens also means they subsidise sr-tokens when they fall under the benchmark rates
> Understand the different yield sources for reUSD / reUSDe

Even if you're going for the PT routes, the yields via Pendle > comparable tradfi yields

Pendle

[Re Intern @reintern]

@avax REEEEEEEE

[Re Intern @reintern]

9. @phtevenstrong touches on yield and security.

[Re @re]

Appreciate the thoughtful breakdown from @phtevenstrong on reUSDe.

In addition to an independent audit by The Network Firm, Re maintains real-time reporting of offchain balances, published to a Chainlink oracle.

This sits alongside onchain wallet balances prove-ably controlled by Re, supporting ongoing proof of solvency across all token obligations.

[Re Intern @reintern]

Spent way too much time doomscrolling this month, so you don't have to

Here are the most based, and absolutely necessary ALPHA on @re you missed 🧵

(your followers will thank me later)

[Re Intern @reintern]

8. @andyyy discusses sustainable yields with @karnsaroya

[Andy @andyyy]

Neo finance is sustainable yields on chain from highly reliable business is deploying capital & generating real revenue at scale.

This is the way our industry’s future leading companies will be formed. Re specifically is interesting, but very early.

I’m very confident in this category going forward and have made it our primary focus from investing / media / network.

Neo finance.