CryptoSlate says borrowing rates already exceed sUSDe’s reported 4.72% annual percentage yield, leaving simple borrow-and-stake loops losing money before incentives and costs.
CryptoSlate reports that LlamaRisk has proposed higher USDe borrowing costs across five Aave markets. The outlet describes an increase of 13 to 89 basis points—0.13 to 0.89 percentage points—across a $323.8 million snapshot of USDe debt. CryptoSlate says borrowing rates already exceed sUSDe’s reported 4.72% annual percentage yield, making simple borrow-and-stake loops unprofitable before incentives and costs. The proposed changes would widen that gap.
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CryptoSlate says borrowing rates already exceed sUSDe’s reported 4.72% annual percentage yield, leaving simple borrow-and-stake loops losing money before incentives and costs.
CryptoSlate reports that LlamaRisk has proposed higher USDe borrowing costs across five Aave markets. The outlet describes an increase of 13 to 89 basis points—0.13 to 0.89 percentage points—across a $323.8 million snapshot of USDe debt. CryptoSlate says borrowing rates already exceed sUSDe’s reported 4.72% annual percentage yield, making simple borrow-and-stake loops unprofitable before incentives and costs. The proposed changes would widen that gap.
CryptoSlate@CryptoSlateLlamaRisk proposes higher USDe borrowing costs across five Aave markets. Borrow rates already exceed sUSDe’s reported 4.72% APY, leaving simple borrow-and-stake loops losing money before incentives and costs. The changes would widen that gap.
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CryptoSlate@CryptoSlateLlamaRisk proposes higher USDe borrowing costs across five Aave markets. Borrow rates already exceed sUSDe’s reported 4.72% APY, leaving simple borrow-and-stake loops losing money before incentives and costs. The changes would widen that gap.