Let's go @Lombard_Finance @babylonlabs_io + (many more!)

💰 Lombard raised 16M
💰 Babylon raised 100M

Have unused $BTC? What should you do?
✅ If you don’t like taking risks, it's best to just hold on to it.

For those who want to earn more yield (with added risk), check this out.

There are several options you can explore.I'll rank them by what I think is the most interesting (though honestly, all the options are pretty good).

👇

1.) Provide LP for PT+YT on Pendle

Pros:

• Yield at the time of writing is 9%

• Earn points with @use_corn, @babylonlabs_io, and @Lombard_Finance simultaneously

• Points ~3x

Cons:

• Yield can increase or decrease depending on swap volume

• Position expires, may require gas adjustments every 3-4 months

P.S. If you're lazy, you can swap and hold PT until maturity for easy yield on BTC.

https://app.pendle.finance/trade/points/0xcae62858db831272a03768f5844cbe1b40bb381f?chain=ethereum

2.) Invest in Lombard Vault

Pros:

• Earn points with @veda_labs as well

• Points ~4x

• No need to manage the position frequently

• Diversifies risk more

Cons:

• Lower yield

• There will be a small fee in the future

https://lombard.finance/app/vault/

3.) Invest in eBTC from @ether_fi

Pros:

• Easy to manage

• Earn etherfi points and @symbioticfi points

• Get various points

Cons:

• Fewer Lombard points (2x)

Here’s the way to get started (ref)

https://app.ether.fi/ebtc?address=0x22e2f326FE5A1d07E1214EB1C08346Fd816E8375

Keep in mind that all options other than simply holding BTC come with added risks, such as:

• Smart contract risk

• Custodial risk

And this is not financial advice (NFA).

Enjoy this? follow for more at @gadgeteerth @0x_nanobro

Let's go @Lombard_Finance @babylonlabs_io + (many more!)

💰 Lombard raised 16M
💰 Babylon raised 100M

Have unused $BTC? What should you do?
✅ If you don’t like taking risks, it's best to just hold on to it.

For those who want to earn more yield (with added risk), check this out.

There are several options you can explore.I'll rank them by what I think is the most interesting (though honestly, all the options are pretty good).

👇

1.) Provide LP for PT+YT on Pendle

Pros:

• Yield at the time of writing is 9%

• Earn points with @use_corn, @babylonlabs_io, and @Lombard_Finance simultaneously

• Points ~3x

Cons:

• Yield can increase or decrease depending on swap volume

• Position expires, may require gas adjustments every 3-4 months

P.S. If you're lazy, you can swap and hold PT until maturity for easy yield on BTC.

https://app.pendle.finance/trade/points/0xcae62858db831272a03768f5844cbe1b40bb381f?chain=ethereum

2.) Invest in Lombard Vault

Pros:

• Earn points with @veda_labs as well

• Points ~4x

• No need to manage the position frequently

• Diversifies risk more

Cons:

• Lower yield

• There will be a small fee in the future

https://lombard.finance/app/vault/

3.) Invest in eBTC from @ether_fi

Pros:

• Easy to manage

• Earn etherfi points and @symbioticfi points

• Get various points

Cons:

• Fewer Lombard points (2x)

Here’s the way to get started (ref)

https://app.ether.fi/ebtc?address=0x22e2f326FE5A1d07E1214EB1C08346Fd816E8375

Keep in mind that all options other than simply holding BTC come with added risks, such as:

• Smart contract risk

• Custodial risk

And this is not financial advice (NFA).

Enjoy this? follow for more at @gadgeteerth @0x_nanobro