Strategy with a yield of 31% on BTC. One of the most profitable strategies for BTC at the moment: 1. Stake BTC in @Lombard_Finance and get LBTC 2. Send LBTC to the @build_on_bob network 3. Deposit LBTC to the HybridBTC .pendle pool 4. Go to the @eulerfinance lending protocol and find the K3 curator's vault with the ability to borrow LBTC 5. Choose the looping leverage that suits you in the Multiply section 6. Deposit the HybridBTC asset with this term With 9x leverage, the yield will be 30%+ APR The main risk is in the decorrelation between HybridBTC and LBTC. In other words, potential depeg. However, knowing the architecture of both wrappers in depth, I can say that this risk looks minimal. In addition to high yield on BTC, you simultaneously farm points of the largest projects Lombard, BOB and Veda. As a result, the final yield can be significantly higher than 40% APR, which satisfies the conditions of placement within my personal risk management. How does this strategy work under the hood or where does the yield come from? - BTC is converted into LST BTC from the Lombard protocol and sent to the BOB network. - BOB sends tokens to the @veda_labs protocol, which in turn sends the received asset to @pendle_fi. There, they sell YT, from which the yield of the LST asset is formed. This yield is then distributed to HybridBTC holders. - Euler is used to maximize yield - LBTC token is taken as a loan and exchanged for HybridBTC on the DEX. Then, it is delivered back to Euler. As a result, this yield is increased due to idle LBTC in deposits. The most important thing is to choose a looping leverage that suits your risk level. Not Financial Recommendation