It seems what youre doing with borrowing of assets is offering you more APR than holding $5k btcb on Venus, any particular reason for that?
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It seems what youre doing with borrowing of assets is offering you more APR than holding $5k btcb on Venus, any particular reason for that?
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That 5%~ is being received from newly minted Venus coins (XVS$). This will slowly go down.
The 60% APY is received from staking that pair into a farm pool (similar to yield farm WLEO).
What beefy does is automatically harvest the rewards and sell them for more BNB-ETH (which is automatically staked).
For that reason the returns are that high, but you have to adapt continually.
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Ah thanks a lot for the explanation
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