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nybble pfp
nybble
@felix
i was pretty skeptical of lulo - but i threw some usdc into it and it turns out, it's pretty amazing. there's a surprising variability in yield and it does a nice job of moving things around, my avg for the past 7 days is 20%, which seems crazy to me. does this exist on other chains?
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TheModestThief🎩  pfp
TheModestThief🎩
@thief
yes, it's a bull market now and the demand for onchain loans is pretty high right now, so you're getting a good yield. it won't always stay this high.
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nybble
@felix
yeah, the leverage in the system is super high - those blips every now and again where marginfi is at like 90%. 🤣 it's a slick service and good to get while the gettin's good.
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