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How does the sNUSD Junior pay 9.72% APY?
🔸 5.84% base yield from @Neutrl 's strategies
🔸 +3.88% risk premium paid by Senior
Junior is 11.6x exposed to drawdowns. However, since Royco started tracking this market two months ago, there hasn't been a single one. https://t.co/pBYg3Zf7Yq
A new kind of collateral just landed on Pendle.
The Senior tranche of apyUSD is now live, joining the Junior we announced last week.
What it means for the rest of DeFi: 👇 https://t.co/TDJm7LzPyd
The numbers on apyUSD on Pendle are wild.
jrRoyAPYUSD is the Junior tranche of @apyx_fi 's stablecoin. Now you can:
🔸 Fix it at 21.21% APY
🔸 LP it at 40.78% APY
21% fixed for six months. A rate this high, locked in this long, is hard to find anywhere else. https://t.co/h4v1t9ufCF
sNUSD is live on Royco Dawn.
New week, more markets opening up.
You can now deposit into Senior and Junior tranches of @Neutrl 's market-neutral synthetic dollar. https://t.co/AHLHttdZQY
https://t.co/QWsnXIzrbL
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