"28-day USDC interest rate swap, provide 1000 USDC collateral, and you can get 474 $ARB rewards." When I saw @ipor_io's tweet two days ago, I looked at such a high yield, so I went to explore it in depth.

I personally tested that this reward is floating. For the same position, today's displayed income is about 130 $ARB. But in addition to the USDC interest rate, it is indeed a good choice to get an additional $ARB reward.

IPOR's interest rate swap supports up to 500 times leverage, and 1000U funds can be magnified to 500,000U. The interest rate swap can be selected for 28 days, 60 days and 90 days, or you can manually close the position at a time you think is appropriate. If you think the interest rate will rise in the future, you can use IPOR to sell the fixed interest rate and exchange it for a floating rate. If you think the interest rate will fall in the future, you can sell the floating interest rate in exchange for a fixed interest rate.

The high interest rate of the Federal Reserve has lasted for some time, and it is expected to enter a rate cut cycle soon. You can use IPOR's interest rate swap to lock the interest rate in advance, and you don't need to worry about the impact of the interest rate cut on the on-chain interest rate.

As the bull market is about to enter, IPOR's Rate Swap is also a very effective and flexible tool for hedging interest rate risks and speculating on the direction of interest rates. If you have similar needs, you can pay attention to this treasure project.

Finally, a reminder that interest rate swap is a relatively professional tool, and you must understand its operating principle before participating.