Hear me out, here's how you can have fun loop $KAT farming. Follow the rainbow đ
1. Deposit LBTC -> Borrow wBTC (get paid 3.44%)
2. Deposit wBTC -> Borrow USDT (get paid 4.34%)
3. Swap USDT -> LBTC on Sushiswap (this is where risk comes in â ïž)
4. Deposit LBTC & repeat step 1
You're actually paid in Morpho rewards to do this as long as the APYs (shown on the right side) are negative. You do have the regular borrowing fee but it gets overpowered by Morpho rewards.
On top of that, you're getting crazy $KAT emissions. If I set $KAT's price at $0.10 these are the new APYs.
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