Some whales are looping PT srUSDe on Aave. 🚨

Aave just increased its supply cap to $200m. And it reached $136M within a few hours (+36%).
Why are they farming? Because it's profitable:
- 29.71% APY when max loop
- Each loop has +4.49% APY from PT srUSDe yield
- Borrow USDe on Aave (2.31% APY, cheapest rate)
- Deep liquidity, easy to unwind
I saw this coming a few days ago, so I decided to create this 5x looping strategy template for everyone on @Infinit_Labs.
So you don't need to calculate the amount in each step but can still get 14.61% APR on 5x loop.
TLDR on how this strategy template works:
- Go to my strategy page
- Simulate to see all steps
- Once execute, agents on infinit build all transactions for you to sign and interact directly with protocols like Aave, Pendle.
- It's not a vault. Every transaction is approved and executed by you.
- You can verify each step with transaction popup from wallet like Rabby
Try it out or you can also manually loop it yourself (Pendle → Aave → Pendle →...)
Make sure to understand all risks before looping. NFA, DYOR.