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Promote with Leviathan News"Consider the Ether.fi liquid ETH vault, the second-largest borrower on Aave, with roughly $1.5 billion in outstanding loans. The strategy is straightforward: supply weETH (≈ +2.9%) and borrow wETH (≈ –2%). The vault charges a 0.5% platform fee on TVL. Of Ether.fi’s total TVL, approximately $215 million represents net liquidity deployed on Aave. This generates about $1.07 million per year in platform fees for the vault. The strategy pays roughly $4.5 million in interest fees to Aave, (calculated as $1.5B in borrowings × 2% borrow APY × 15% reserve factor). Even in one of the largest and most successful looping strategies in DeFi, the lending protocol earns several times more than the vault operating on top of it"
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Spencer420
"Consider the Ether.fi liquid ETH vault, the second-largest borrower on Aave, with roughly $1.5 billion in outstanding loans. The strategy is straightforward: supply weETH (≈ +2.9%) and borrow wETH (≈ –2%). The vault charges a 0.5% platform fee on TVL.
Of Ether.fi’s total TVL, approximately $215 million represents net liquidity deployed on Aave. This generates about $1.07 million per year in platform fees for the vault. The strategy pays roughly $4.5 million in interest fees to Aave, (calculated as $1.5B in borrowings × 2% borrow APY × 15% reserve factor).
Even in one of the largest and most successful looping strategies in DeFi, the lending protocol earns several times more than the vault operating on top of it"
Spencer420
"Consider the Ether.fi liquid ETH vault, the second-largest borrower on Aave, with roughly $1.5 billion in outstanding loans. The strategy is straightforward: supply weETH (≈ +2.9%) and borrow wETH (≈ –2%). The vault charges a 0.5% platform fee on TVL.
Of Ether.fi’s total TVL, approximately $215 million represents net liquidity deployed on Aave. This generates about $1.07 million per year in platform fees for the vault. The strategy pays roughly $4.5 million in interest fees to Aave, (calculated as $1.5B in borrowings × 2% borrow APY × 15% reserve factor).
Even in one of the largest and most successful looping strategies in DeFi, the lending protocol earns several times more than the vault operating on top of it"
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governance.aave ·
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𝕏/@aave ·
governance.aave ·
𝕏/@0xprivacypools ·
𝕏/@aave ·
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