Choose-your-fixed-rate loans. From @yearnfi

onchain
Joined May 2024
still >15% APY on ETH available. not bad size too let's get avg rate back to 2.5%?
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Flex doesnt wait lenders are always fully liquid ... so can Flex lender shares be used as collateral for a safe, opt-in rehypothecation?
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special thx to @MarcoWorms for the vid
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ETH loopers on Flex can earn up to 10% 🙀 with ~$750k/310 ETH available to borrow 🙀🙀 current loopers are earning >10-17% 🙀🙀🙀 1-click. fixed rate. instant liquidity 🙀🙀🙀🙀
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Replying to @ImperiumPaper
@flexmeow is a lending market where you choose your own fixed rate. liquidity is managed via redemptions (vs util curves), lowest rate borrowers are redeemed first when liq is needed. markets operate at a 100% utilization. best tool in DeFi for looping likewise assets
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ETH hodlers you may not be the next Warren Buffett but Warren Buffett cant loop his stocks on Flex (yet?) 3rd seed bump on a Friday take the win 😽
ETH is the best asset in the world Flex is the best loop in the world ETH Flex seed just doubled
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your support in vaultsNG is your support in Flex is your support in Yearn
YFI stakers, may i have your attention please vaults + curation merge into one team, vaultsNG, at half the cost, building new revenue with yTranche, Flex, and more long road ahead, but i couldnt be more excited read the BR, share your feedback, join the effort together we can MYGA 💙
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gm no more overnight rate spikes enjoy a slow morning with Flex
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S/O to the legendary @MarcoWorms for the vid
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ETH is the best asset in the world Flex is the best loop in the world ETH Flex seed just doubled
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not bad yield on ETH? a dolphin can still comfortably earn ~13% no better opportunity out there, as per my read of @Yieldzio 🐬🐬🐬
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the eagle has landed 🦅 100 WETH ready to borrow against the great yvWETH-2 up to ~35% on your ETH 400 more WETH on the sidelines, will be added to the market as rates increase -- don't lowball it! enjoy 💙
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case in point, yBOLD yield today is 8% APR 🔵 yield paid in $BOLD 🔵 exposure only to Liquity V2 🔵 no centralized issuer 🔵 always redeemable also, use it as collateral on @flexmeow and earn APRs upwards of 50% + 👀 deposit here: yearn.fi/v3/1/0x9F4330700a36…
why Stability Pool $BOLD is a great hedge: BOLD in the SP gets: - 75% of all borrow fees in BOLD - Liquidation gains in ETH ETH runs → leverage demand up → rates rise → yield up ETH drops → liquidations up → buy ETH cheap either way, you earn in unstoppable money ⛓️
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guys, it's time to move on there's still ~24k yvUSD sitting in the old v1 market earning ~7% instead of ~27% pls consider migrating
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whoever values the liquidity the most will have it about as free a market as we can get 🏴‍☠️
What happens when a lender wants to exit a 100% utilized Flex market? They redeem the lowest cost borrower to exit. I call this a redemption wave. The borrower who pays the least on Flex is the position that earns the most, but gets redeemed first. That is the trade off. The borrower who is willing to pay the most will get the liquidity. That's what you're paying for. Looping on Flex and your borrow cost is suddenly higher than the yield? Just exit. You're liquid.
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ysyBOLD on .@flexmeow has one of the best stablecoin farms! Mainnet: ysyBOLD/USDC: +46.83% The majority of the debt is locked in at a fixed 2.6% borrow rate and a fixed 2.7% rate gives you a solid redemption buffer. You can one-click enter at .@Yieldzio ! Follow me for more!
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it's a peaceful existence 🐈‍⬛
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disclaimers: * morpho is great * rates are a mess on aave too * aave is also great
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