MIDAS - LYT Smart Strategy


Midas offers a suite of DeFi-native vaults called LYTs


LYTs ≠ stablecoins

They’re actively managed strategies curated by top-tier funds

→ @MEVCapital

→ @Re7Labs

→ @EdgeCapitalMgmt

 

Here’s why they matter👇

Each LYT gives you exposure to a diversified, delta-neutral yield strategy, targeting 5–12% APR

Because each LYT taps into multiple underlying strategies, they also farm points across several DeFi protocols

 

TL;DR

 

LYT vaults = real, risk-managed yield

Points farming = built-in

Transparency = 100% on-chain, no black-box risk

 

My strategy

1. mMEV

Mint mMEV on @MidasRWA

Deposit in @turtleclubhouse

mMEV vaullt TAC Summoning Campaign for a 13.69% APR (TAC rewards)

 

2. mEDGE

At the time of recording the video, the math didn't add up,

But rn is a good time to get the PT mEDGE, which is offering an APR of over 10% (underlying yield 5.7%)

You can use PT mEDGE as collateral on @MorphoLabs

& borrow USDC

There's $2.2M to borrow at a 4.84% interest rate

That makes for a >50% net APR on leveraged PT-mEDGE

 

Heads up:

→ mEDGE has a 0.5% withdrawal fee

→ With leverage, that fee stacks

So make sure you're in it long enough to justify the costs

 

As always, assessing the current market dynamics and associated risks is crucial before engaging in such strategies

NFA. DYOR.

https://www.youtube.com/watch?v=lUiaaBuE_4A&t=15s

How do you rate this article?

11


EverythingBlockchain
EverythingBlockchain

Freethinkers Writers ✍ Blockchain explorers 🔭 In pursuit of simplifying the different blocks of the chain metaverse


Twitter Threads
Twitter Threads

Access my Twitter Threads

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.