Silo Intern Says Words
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Intern spits some news, strategies and more.

๐Ÿ’ป dApp: https://app.silo.finance/
๐Ÿ’ Discord: https://discord.com/invite/silo-finance
๐Ÿ“ฌ My Twitter: https://x.com/SiloIntern
๐Ÿ˜ฉ Silo's Twitter (boring): https://x.com/SiloFinance
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Sentiment + community's been quiet after Sonic S1 but stablecoin protocols have been LOUD.

You know PT-aUSDC and wstkscUSD.
You MIGHT know wmetaUSD, xUSD, and yUSD.

You DON'T KNOW smsUSD - a newcomer with >21% base APY.

Yes, this is a tease before my big post ๐Ÿคซ
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Hey nerds if you are a binance wallet enjoyooor it is now fully integrated with the Silo dApp.

Earn, leverage and do whatever people do on silo all from the comfort of a nice lil' black and yellow self-custodial ting.

Nice work boys keep it up
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Nearly half a billion dollars in TVL now!

That's a lot of Char Kway Teows (real)
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Next stop half a trillion inshallah ๐Ÿคฒ
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If you're on Arbitrum earning less than 19% APR on $USDC.

You're LOSING.

w/ $ARB PA picking up as well it makes for neat yield arb strategies:
1. Deposit ARB on Aave
2. Borrow USDC @ 5% APR
3. Deposit USDC @ 19% APR on Silo

That's ~10% APY while keeping full ARB exposure ๐Ÿคซ

APE HERE: https://app.silo.finance/vaults/arbitrum/0x2BA39e5388aC6C702Cb29AEA78d52aa66832f1ee?action=deposit
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This simultaneously highlights the strength AND weakness of isolated vs. shared pool lending:

1. Shared pool lending can LOW USDC RATES against blue-chips like ARB
2. Isolated lending can support HIGH USDC LEND RATES

By combining shared pools for credit and isolated lending for yield, you can turn any blue-chip into a productive asset!

(YES WE CAN CALL ARB A BLUECHIP AGAIN [at lest while the market is green for hte next 48 hours woooooo!!!])
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Of all protocols on a chain, Silo is now:
๐Ÿ‘‰ No. 1 on Sonic ($296.6m TVL)
๐Ÿ‘‰ No. 8 on Avalanche ($75.4m TVL)
๐Ÿ‘‰ No. 19 on Arbitrum ($38m TVL)

Our P/S of 17.5 makes us the MOST Fee:FDV efficient lending protocol in the top 20.

With 50% of revenue going to buybacks...

...CRIME
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Of all interns on a chain, Silo intern is now:
๐Ÿ‘‰ No. 1 on Sonic (8 kisses)
๐Ÿ‘‰ No. 1 on Avalanche (5 kisses)
๐Ÿ‘‰ No. 1 on Arbitrum (9 kisses)

My K/S of 15 makes me the MOST Kiss:Subscriber efficient protocol intern in the top 20.

With 50% of kisses going to my...

...aha
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Very proud of this image.

Looking beyond the image, for SOME REASON the highest BTC yields in DeFi are akshually on SILO AVALANCHE.

> mevUSDC -> 7.8% APR (https://app.silo.finance/vaults/avalanche/0x1f8E769B5B6010B2C2BBCd68629EA1a0a0Eda7E3?action=deposit)
> savBTC/BTC loop -> 18.1% APR (https://app.silo.finance/markets/avalanche/savbtc-btcb-121?action=deposit)

GET THAT DOG IN YOU AW AW AW AW AW AWOOOOOOOOOOOOOOOOOOOOOOO
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Feeling bored so thought i'd cover some Implied APY fundamentals on Pendiddler

"oh oh you're silo intern give me silo tingz"

no i said i'm feeling bored so I AM GOING TO do it.

////////////////////////////////////////////////////////////////////////////

One of the interesting things about Pendle is there's often MULTIPLE markets for similar (read: virtually identical) assets.

In such cases, there's often significant mispricings that can be raaaaaather lucrative to capture.

Take, for example, the 3 USDF markets:
1โƒฃ USDf (29 Jan 26): 6.79% Implied | 0% Underlying | 60x KAW KAW Points
2โƒฃ sUSDf (25 Sep 25): 12.35% Implied |10% Underlying | 36x KAW KAW Points
3โƒฃ GHO-USDf (29 Jan 26): 13% Implied | 12.7% Underlying | 60x KAW KAW Points

We can gauge the market's prediction for Point APY based on the [Implied - Underlying Spread]/[KAW KAW Points]
1โƒฃ USDf (29 Jan 26): 0.113% APY/Point
2โƒฃ sUSDf (25 Sep 25): 0.065% APY/Point
3โƒฃ GHO-USDf (29 Jan 26): 0.005% APY/Point

From this we can say that IN ORDER OF cost efficiency per point:
YT-GHO-USDf > YT-sUSDf > YT-USDf

Pretty inch resting to think about!
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TIL Silo Avalanche is now an 80m (close enough) deloyment.

Could buy a lot of cocaine with that (jk haHA)!

Fun data stuff for sweaty nerds: https://dune.com/silo_finance/v2avalanche
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Okay it is now $100m total deposits on Silo Avalanche

That's a fair chunk of moolah aha

APE IN HERE GET THIS SHIT TO 1 TRILLION: https://app.silo.finance/earn?chains=avalanche&type=vault
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who kissed meshow yourself
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ALRIGHT RUN IT BACK LADS
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Insightful Silo Finance timeline:
๐Ÿ“Œ 30 Jul '22: Silo v1 โ†’ $39m FDV
๐Ÿ“Œ 16 Mar '23: 10m TVL โ†’ $30m FDV
๐Ÿ“Œ 14 Jan '25: Launch Silo v2 โ†’ $44m FDV

Today we have 500m TVL... and still $38m FDV.

$SILO was 4 years early to stablecoin season ๐Ÿซฃ
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Hey morons,

xSILO is now live on Pendle which means you can:
>Buy xSILO at a discount via PT
>Trade xSILO's yield via YT
>Boost xSILO's yield via LP

As an added bonus, this lil' sucker activates the 10x Sonic Points as a native token.

Woooo!!!!

APE HERE RIGHT NOW PUSSY:https://app.pendle.finance/trade/pools/0x19524fc9b2348d4d6a489a4cd3179405e84eeb9b/zap/in?chain=sonic
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Oh bollocks looks like ORGANIC BTC yield continues to climb on Silo Avalanche.

You can now earn 2.7% APR on BTC deposits in PURE BTC yields.

If you factor in some fake xSILO yield you're looking at 7.6% Total APR.

Might not sound like much but that 2.7% APR could be a Lamborghini in 5 years (legit but aha)

APE HERE: https://app.silo.finance/vaults/avalanche/0x1f8E769B5B6010B2C2BBCd68629EA1a0a0Eda7E3?action=deposit
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On that note, USDC rates have ALSO picked up heavily wiht 7.8% APR in organic interest.

This vault now supports > 40 million united states dollars in size.

There's literally infinite borrow demand so if you want free interest, this is the place to go.

APE HERE: https://app.silo.finance/vaults/avalanche/0x4dc1ce9b9f9EF00c144BfAD305f16c62293dC0E8?action=deposit

P.S. MEV Capital legit very good vault mnagers
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38% APR on $USDC should be illegal.

Thankfully, I am a criminal and 38% APR on $USDC is what you shall get.

APE THIS SHIT RIGHT NOW FOR GODS SAKE: https://app.silo.finance/vaults/ethereum/0xa9b23B28621CFB32e0ebf50b572aFAC671fCc17B?action=deposit
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