In the span of one day, thiwaysir. eth became the largest YT-crvUSD whale.
08 Dec 2023, 08:01
In the span of one day, thiwaysir.eth became the largest YT-crvUSD whale.
With just ~$50k capital, they're now generating yield equivalent to a ~$1.9M deposit on @SiloFinance š„
That's a whopping 38.5x leveraged yield exposure that's on track to earn 124% APY...for a stable
Same news in other sources
508 Dec 2023, 08:01
If you want to learn more about how "everyone is winning" in the crvUSD market, you can refer to our previous thread below:
If you want to learn more about how "everyone is winning" in the crvUSD market, you can refer to our previous thread below:.
If you want to learn more about how "everyone is winning" in the crvUSD market, you can refer to our previous thread below:
08 Dec 2023, 08:01
Current state of the market:
crvUSD is still in a state where "everyone" is winning.
Fixed APY = 8.756%, insanely high for a stablecoin
Long Yield APY = 151% š
LP APY = 47.3%
Current state of the market:. crvUSD is still in a state where "everyone" is winning. Fixed APY = 8.
Current state of the market:
crvUSD is still in a state where "everyone" is winning.
Fixed APY = 8.756%, insanely high for a stablecoin
Long Yield APY = 151% š
LP APY = 47.3%
08 Dec 2023, 08:01
The aftermath:
Implied APY jumped from ~7.9% to 9.3% at its local high.
Implied APY is the "price" of YT, which means that YT has just become more expensive.
The aftermath:. Implied APY jumped from ~7. 9% to 9. 3% at its local high.
The aftermath:
Implied APY jumped from ~7.9% to 9.3% at its local high.
Implied APY is the "price" of YT, which means that YT has just become more expensive.
08 Dec 2023, 08:01
Upon maturity in ~3 months, thiswaysir.eth is projected to get:
šš» Average Implied APY entry = 8.22%
šš» Long Yield APY = 124%
šš» Profit = 27.5%
Bear in mind that yield is given out in purely crvUSD on @SiloFinance - by far the best stable yield IF Underlying APY stays at 11.77%
Upon maturity in ~3 months, thiswaysir. eth is projected to get:. Average Implied APY entry = 8. Long Yield APY = 124%.
Upon maturity in ~3 months, thiswaysir.eth is projected to get:
šš» Average Implied APY entry = 8.22%
šš» Long Yield APY = 124%
šš» Profit = 27.5%
Bear in mind that yield is given out in purely crvUSD on @SiloFinance - by far the best stable yield IF Underlying APY stays at 11.77%
08 Dec 2023, 08:01
thiswaysir.eth started scooping up YT-crvUSD at 7.902% Implied APY
Across 4 transactions, they've accumulated 1.94M YT-crvUSD, officially making them the largest YT-crvUSD holder now.
thiswaysir. eth started scooping up YT-crvUSD at 7. 902% Implied APY. Across 4 transactions, they've accumulated 1.
thiswaysir.eth started scooping up YT-crvUSD at 7.902% Implied APY
Across 4 transactions, they've accumulated 1.94M YT-crvUSD, officially making them the largest YT-crvUSD holder now.