this newly launched lending vault on $SUI by $HAEDAL only lend to protocols and manage to pay 5% base yield + bonus which currently equals 14%+ apy without any other mixed strategy. And that’s on $USDC
For example, vaults with similar apy (~10%) on stablecoins usually include trading risk or trading strategies, you know what it means ?
It hitted $5M staked already with less than two weeks Of subscription after launch, interesting !!!
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