Unlocking new Bitcoin strategies on Euler.

Excited to announce that Midas mBTC is now live as collateral in Apostro's WBTC vault.

Opening the door for looping strategies as this one ↓ (↓)

We are excited to announce that mBTC is now a collateral asset in the Apostro BTC Cluster on @eulerfinance, governed by @apostroxyz.

mBTC holders can now borrow WBTC for ~1%, enabling leveraged mBTC positions earning up to 20%. 🧵👇 https://t.co/8kmbqXzEgB

Here's how you can maximize your mBTC yield via Euler:

🔷 Borrow WBTC Vault at just 1.0% APY on @eulerfinance using your mBTC earning at 4.0% as collateral.
🔷 Re-deploy the borrowed WBTC into mBTC, benefiting from a ~3.0% yield arbitrage.
🔹 Repeat and earn up to 20% APY 🔁

Midas

Unlocking new Bitcoin strategies on Euler.

Excited to announce that Midas mBTC is now live as collateral in Apostro's WBTC vault.

Opening the door for looping strategies as this one ↓ (↓)
https://x.com/MidasRWA/status/1871148736392691741