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A way to reduce risk further (avoid possibility of UST depegged), you can get USDC, lend on hundred.finance and get 80% UST in borrowed funds. Take that to anchor protocol and supply. You'd end up paying 0.95% interest while earning 19% on it.
Jon@LordFutures
Is it just me or is anyone else taking advantage of this UST insane APY on the anchor protocol? I mean, 19% for a stable coin is too good a deal.
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