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Mar 8, 05:19 AM
New $100K USDC Loan Offered Against $SPX Collateral for 3 Days with 0.49% Interest and 11% LTV
Crypto

New $100K USDC Loan Offered Against $SPX Collateral for 3 Days with 0.49% Interest and 11% LTV

Authors
  • DeFi Dad ⟠ defidad.eth
  • Teller
  • Astaria
5

TellerBot announces a new loan offer of $100,000 in USDC against $SPX as collateral for 3 days at 0.49% interest on the mainnet network with an LTV of 11%. Useteller mentions $100k in $SPX cash advance liquidity. AstariaXYZ promotes a yield of up to 1000% APY on USDC. 0x_Joe questions the risk of a 574% APY on USDC with an 83.8% LTV loan using a volatile asset as collateral. DeFi_Dad highlights a 7.2% APY staking opportunity with mETH as a strong ETH-denominated yield during the current market surge.

Written with ChatGPT (GPT-3).

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