spotted new opportunity for yield farming bros
@xsy_fi turns DeFi yield on @avax into a simple clicks
worth noting that XSY is backed by Protagonist, Borderless, Paper VC, Blizzard Fund and more. Team comes out of Algorand, Paxos and FPG
mint UTY and your stables target about 15 percent APR from basis trades while keeping a dollar profile
points are active, TGE is coming up. yUTY pays passive cash flow near 12%
xUTY accrues points that powers governance and future airdrops
➜ How I’d let it go
> Mint UTY on XSY:
> Stake it for yUTY
> Head to Euler and deposit into the yUTY vault
u can create loops, add size and monitor health
farm the weekly wAVAX incentives, currently about 3K per week for UTY deposits and loops
DC: XSY collab, any actions with assets involve risk. NFA, do your own reserach, folks
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