A place to talk about New York on Farcaster

Let's find out the mantle's compound

It's been a while since the mantle came out with a compound, but I'm dealing with it because it's a bit of a fun situation

The mantle compound is currently available only for usde. This is the only pool you can borrow.

It's a bit of a shame. I wish I could borrow usdt or usdc, but the mantle seems to be more like  and something else, so it's just usde.

First of all, the fun thing is that if you rent , usde, you don't pay interest, but you get it.

It's -0.47%!!!

The collateral is Amieder, Sanger, and Puckbit
Bit farmers can use usde while taking the beat here and earning interest.

So what do you use usde for??? If you bring it to the vivit, you're paying a whopping 11% interest.

Now, this results in miracle farming with 11.4 percent calculated by bit farming alone.

You can rent usde even if you're tired of it.

This article goes up and more people are renting, or just one whale can smash the interest, but at the moment  seems to be a very good condition anyway.