sxINIT is pulling off some seriously attractive yields on Initia these days—one of the best plays you'll spot on Echelon right now.
The numbers are solid: sxINIT supply sitting at 42.65% APR while INIT borrows run at 12.61% APR. That gap? Nearly 30 percentage points, and it compounds quick when you layer leverage on top. Push it to 10x and you're looking at an estimated ~300% APR before factoring in price movement risk.
The play scales if you build it out properly. Pair it with a quality liquid staking token strategy, and you unlock more sophisticated yield farming mechanics. The spread widens your margin, though keep volatility in mind—leverage cuts both ways.
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4am_degen
· 4h ago
A 30 percentage point spread? NGL, that's a bit crazy... but at the moment of 10x leverage, you really have to bet on luck.
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RugDocScientist
· 11h ago
A 30-point spread? How many people would get liquidated... 10x leverage with 300% annualized return sounds great, but when real volatility hits, it can lead to liquidation in minutes. Not everyone can play this game.
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DevChive
· 11h ago
Wow, a 30% interest spread with 10x leverage directly results in a 300% APR... These numbers sound a bit crazy.
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rug_connoisseur
· 11h ago
A 30-point spread... Wow, that's a bit intense. 10x directly equals 300%? It might turn negative in the next second.
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NeverPresent
· 11h ago
A 30-point spread is really crazy, but that 10x leverage... honestly, it's like dancing on the edge of a knife.
sxINIT is pulling off some seriously attractive yields on Initia these days—one of the best plays you'll spot on Echelon right now.
The numbers are solid: sxINIT supply sitting at 42.65% APR while INIT borrows run at 12.61% APR. That gap? Nearly 30 percentage points, and it compounds quick when you layer leverage on top. Push it to 10x and you're looking at an estimated ~300% APR before factoring in price movement risk.
The play scales if you build it out properly. Pair it with a quality liquid staking token strategy, and you unlock more sophisticated yield farming mechanics. The spread widens your margin, though keep volatility in mind—leverage cuts both ways.