Silo Intern Says Words
996 subscribers
230 photos
1 file
354 links
Intern spits some news, strategies and more.

πŸ’» dApp: https://app.silo.finance/
πŸ’ Discord: https://discord.com/invite/silo-finance
πŸ“¬ My Twitter: https://x.com/SiloIntern
😩 Silo's Twitter (boring): https://x.com/SiloFinance
Download Telegram
Some times the most braindead strategy is the best strategy.

1. Deposit USDC
2. Earn 40.1% APR

With MEV Capital's mevUSDC vault on Silo Avalanche, it is literally THAT easy to print market-leading yields.

APE APE APE: https://app.silo.finance/markets/avalanche/susde-usdc-146?action=deposit
😘7
Gold maxis, this is your El Dorado

$1M USDT just chilling in the $XAUt0 market
Borrow APR sitting at 0% rn

Loop 10x with $10K XAUt0 and the borrow rate still barely touches 1% 🀯
That’s $100K gold exposure basically for free

No mines, no helmets, just pure degen yield
Touch grass later, loop now 😏

Quick math for the golden crew
- LTV 75%
- Leverage 10x
- Borrow cost ~1%
- Lend yield ~13% with AVAX incentive
- Net loop APY ~120%+

$1M liquidity waiting like buried treasure
Free loops, free money glitch

πŸ‘‰ https://app.silo.finance/markets/avalanche/xaut0-usdt-151?action=deposit
😘3
Silo Intern Says Words

If 12% on sUSDp is making you feel like a responsible adult, I regret to inform you that the same bag can do ~30% with one tiny dance move.

How?

1. Deposit sUSDp
2. Borrow USDC
3. Flip it back to sUSDp
4. Loop until ~75% LTV (NOT 89.9% you absolute gremlin)

Start with $1k and suddenly you’re sitting on:
β€’ ~$4k sUSDp supplied
β€’ ~$3k USDC debt
β†’ ~30% net APY because math is a social construct anyway

Respect LTV or enjoy surprise liquidation cosplay.

Here’s the playground:
https://app.silo.finance/markets/avalanche/susdp-usdc-153?action=borrow

😘
😘5
oi lads

new defi basics 101 just dropped. this one's a big one.

your boy broke down how liquidations actually work in lending

also... some hint at something towards the end. something that might change how liquidations work entirely πŸ‘€

read it πŸ‘‡

https://x.com/SiloIntern/status/2035074593908457639?s=20
πŸ€“1
Steadfast Shipping 🚒

V3 awaits πŸ‘€β³
https://x.com/silointern/status/2035734268530323851?s=46
🀨1
Channel photo updated
it's here. silo v3 is live.

your boy has been yapping about this for weeks and now you can actually use it.

quick rundown if you haven't read the thread:

1. collateral-debt swaps are live. when a borrower gets liquidated, lenders get the collateral directly. no DEX dependency, no bad debt. new primitive.
2. every market is isolated. you pick your risk. no one picking it for you.
3. assets that couldn't have credit markets before can now have them. LP tokens, bridged assets, RWAs. the collateral universe just expanded.

Start using Silo v3: https://app.silo.finance/explore

Full details: https://x.com/SiloFinance/status/2036458517595578588

Watch Explainer video: https://www.youtube.com/watch?v=5ZmxsbWAtqM

questions? drop them in comments, intern is online
πŸ‘6🀨3πŸ‘€3
Lender Protection First thread just dropped

tldr for you beautiful mfs:
- every lending protocol depends on DEX liquidity to protect lenders. silo v3 doesn't.
- two liquidation paths β€” DEX liquidation when liquidity is there, collateral-debt swap when it's not. lenders are covered either way.
- collateral doesn't get dumped into thin liquidity. the system enforces coverage structurally.
- in tail scenarios, lenders get the collateral instead of sitting on unpayable debt.
- every market shows risk scores, oracle dependencies, liquidation paths, bad debt disclosure. no hidden assumptions.
- liquidation premiums go to lenders. protection first. yield second.

your boy has been telling you mfs for weeks. v3 is built different.

full thread πŸ‘‡
πŸ”— https://x.com/SiloFinance/status/2037182992981152213?s=20
🀨5πŸ‘Œ3πŸ‘1πŸ‘€1
Urgent: Market Shutdown Due to Oracle Deprecation

RedStone is sunsetting price feeds on Sonic. As a result, the following markets will be shut down:

stS/S (ID 3) https://v2.silo.finance/markets/sonic/sts-s-3
stS/S (ID 28) https://v2.silo.finance/markets/sonic/sts-s-28
weETH/ETH (ID 105) https://v2.silo.finance/markets/ethereum/weeth-eth-105
ezETH/ETH ID (104) https://v2.silo.finance/markets/ethereum/ezeth-eth-104
stS/USDC (ID 36) https://v2.silo.finance/markets/sonic/sts-usdc-36

All users must take immediate action:
Borrowers: repay your positions now or risk losing access to your collateral
Lenders: withdraw your funds now to avoid being locked in the market

Once oracle feeds stop, Borrow, Repay, Liquidation operations stop. Withdraw will still work.

Silo markets are immutable β€” no intervention is possible after oracles are sunset.

https://x.com/SiloIntern/status/2042667772749189423
πŸ™4🀨3
πŸš€ Silo V3 is live on Injective

gmeowww

another day another chain live

as part of Silo's multi-chain expansion, we're now live on Injective

first market: yINJ / INJ β€” lend and borrow now

Read full announcement here: https://x.com/SiloFinance/status/2043690758990078158?s=20
πŸ‘5
Action Required: RedStone Price Feeds Discontinuing on Sonic

RedStone is discontinuing price feeds on Sonic, affecting the following markets:

1️⃣stS/S (ID 3) β€” https://v2.silo.finance/markets/sonic/sts-s-3,
2️⃣stS/S (ID 28) β€” https://v2.silo.finance/markets/sonic/sts-s-28,
3️⃣stS/USDC (ID 36) β€” https://v2.silo.finance/markets/sonic/sts-usdc-36,

Required action:

1️⃣Borrowers β€” close positions to retain access to your collateral
2️⃣Lenders β€” withdraw funds before the feeds go offline

Please act promptly.
πŸ‘€2πŸ‘Œ1
YOOOOOOOOOO gmm fam 🫑

16.38% base APR on BTC deposits in avantprotocol's savBTC vault on silo (avax)

steady at 16%+ for 2 days, no incentives. borrowers going ham πŸ’Έ

deposit BTC πŸ‘‡
https://app.silo.finance/markets/avalanche-0x6137dC2e437747e51dD786a9F350063C6189CDeb?view=yield
πŸ‘€5
gmoewwww

in case you missed it

savBTC vault on silo paying 26% base APR

highest base APR on BTC in defi rn

Real yield purely driven by borrow demand

Deposit BTC: https://app.silo.finance/markets/avalanche-0x6137dC2e437747e51dD786a9F350063C6189CDeb?view=yield
πŸ‘€2πŸ”₯1
Silo v3 is live on Sonic.

Deposit S/USSD for yield. Borrow USSD against S. v3 markets β€” lenders protected by design.

Start here: https://app.silo.finance/markets/sonic-0x180A8fF4C343b6eEa2FF0Feb2dcC92a360bF7025?view=overview&asset=0
🀨3πŸ”₯1
Silo Intern Says Words
Action Required: RedStone Price Feeds Discontinuing on Sonic RedStone is discontinuing price feeds on Sonic, affecting the following markets: 1️⃣stS/S (ID 3) β€” https://v2.silo.finance/markets/sonic/sts-s-3, 2️⃣stS/S (ID 28) β€” https://v2.silo.finance/markets/sonic/sts…
Reminder: Redstone is deprecating Oracle price feeds for Silo v2 markets on Sonic

Required action:

1️⃣Borrowers β€” close positions to retain access to your collateral
2️⃣Lenders β€” withdraw funds before the feeds go offline

Market links:
stS/S (ID 3) β€’ https://v2.silo.finance/markets/sonic/sts-s-3
stS/S (ID 28) β€’ https://v2.silo.finance/markets/sonic/sts-s-28
stS/USDC (ID 36) β€’ https://v2.silo.finance/markets/sonic/sts-usdc-36
πŸ‘1🀨1πŸ‘€1
Gmeow fellas

new piece up β€” how defi dodged a billion dollar liquidation cascade on april 18.

everyone covered the LZ bridge, DVN security checks. nobody covered what almost happened on aave in the hours after.

https://x.com/SiloIntern/status/2049548177100214627?s=20
πŸ‘€3πŸ‘1
Friendly reminder that RedStone and Pyth price feeds are being discontinued on Sonic, effective by May 10-15

Impacted markets:
1️⃣ stS/S (ID 3) β€” https://v2.silo.finance/markets/sonic/sts-s-3
2️⃣ stS/S (ID 28) β€” https://v2.silo.finance/markets/sonic/sts-s-28
3️⃣ stS/USDC (ID 36) β€” https://v2.silo.finance/markets/sonic/sts-usdc-36
4️⃣ x33/USDC (ID 49) β€” https://v2.silo.finance/markets/sonic/x33-usdc-49

Required action:
1️⃣ Borrowers β€” close positions to retain access to your collateral
2️⃣ Lenders β€” withdraw funds before the feeds go offline

Act before May 10th to be safe.