DeFi

DefiLlama Launches New Product For Users To Make Over 20% APY

DefiLlama has launched a new product called Delta Neutral Yields to bring farming profits to users up to 20%.
DefiLlama Launches New Product For Users To Make Over 20% APY 2

This product is a strategy finder for yields. Through the use of their massive database, you can find opportunities where you borrow a token and then farm with it. With this, users can get over 20% APY on BTC, ETH, and USDC. Of course, this is relative to the risk involved.

There are thousands of other strategies to make a profit in the yield dashboard. Follow a series of threats introduced on Twitter:

It is also important to be aware that these are not set and forget farms. They all require active management to ensure the health ratio of users’ loans stays above water, and the final APY of their position is good. Therefore, users need to consider this carefully before implementing their strategy.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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