Defi after drift isn't the same anymore


It needs more research and awareness
One investment I feel very comfortable with is looping JUICED via Loopscale
Why?
- JUICED is lended jupUSD that earns yield through lending interest, protocol incentives and real-world T-bill yields
- JUICED has over $100M of liquidity (3x more than USDT) which makes a depeg very unlikely
- Loopscale's order book model is more than ever the future of defi as it's designed to eliminate the contagion risk (see drift)
- Loopscale has 3/5 multisigs (with seperated roles)
Even at max leverage, you still have a 6% buffer. That means JUICED could drop to $0.95 and you still wouldn’t get liquidated (this likely won’t happen)
If you want a close double digit yield which is backed by an institutional-grade stablecoin it's this one
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin