16 Ethereum 20% annualized yield strategies: wstETH, leverage weETH, AERO Mining..

This article is sourced from an article by Stephen, introducing ETH yield strategies including wstETH, leverage weETH, AERO Mining, etc., compiled, translated, and written by PAnews. (Previous summary: Low-risk Arbitrage, an inventory of emerging 'yield Stable Coins') (Background supplement: Perspective> Why is 'yield MarginBFUSD' of coin security likely to change the exchange Stable Coin ecology in one fell swoop?) Currently sustainable and scalable ETH yield rates are not common, encryption KOL Stephen takes stock of strategies that keep the Annual Interest Rate (APR) above 20%. wstETH wstETH can be said to be the most popular, competitive, and scalable suite of strategies in history. APR usually ranges from 8% to 30% even in the lowest Bear Market. The working principle of wstETH is to offset the cost of borrowing ETH with the stake yield of ETH (about 3%). There are four excellent places for operations: Morpho Labs Aave Compound Growth Euler Labs The APR of this strategy is currently between 26% and 46%. Of course, you can use Contango to automatically generate TANGO points, OP emissions, etc. by utilizing these positions. Leverage weETH This strategy is the same as the previous one, except that this strategy is also eligible for various points and emissions. Therefore, the average return of this strategy is slightly higher: ether.fi points Veda points LRT2 points EigenLayer program rewards (such as $LRT2) The three blue-chip coin markets are the best places for leverage: Compound Growth Aave Morpho Labs Before considering LRTsquared, EtherFi S4, and Veda points, APR ranges from 22% to 36%. The actual return considering the points may be above 50%. Note: Although the current APR of Morpho is ranked first, the difference between the top three protocols is not significant, so hedging between them usually allows you to obtain the most competitive and sustainable high APR (hedging unstable borrowing Interest Rate). AERO Mining Compound Growth is currently using cbETH, ETH, and wstETH as collateral to borrow AERO from users. At the same time, you can obtain AERO through voting on Aerodrome at an APR of about 200%. Of course, the Loan to Liquidation Value Ratio (LLTV) is 65%, so let's look at some reasonable positions: Loan to Value Ratio (LTV) 50% Relative AERO Liquidation Increase: 30% ETH Collateral Total Yield: 100% APR Loan to Value Ratio 25% Relative AERO Liquidation Increase: 160% ETH Collateral Total Yield: 54% APR ynETH Spectra is a competitor of Pendle. Although it recently caused a sensation with its USR pool, the ynETH pool it launched also provides certain market opportunities. With 0 boost, the APR is 33%, and with boost, the APR can reach 100%. It is worth noting that if Spectra becomes a real competitor, holding/locking SPECTRA may have a good effect, so it may not be bad to increase some risk positions to increase returns. gmETH This strategy is controversial because gmETH has experienced capital losses. gmETH is the so-called 'Counter Party Vault', when traders on GMX gain excess returns, it falls relative to ETH. Conversely, it is also the norm in the past. You can implement this strategy on Dolomite. The current Annual Interest Rate is about 30%, and the historical average Annual Interest Rate is about 20%. GMWETH (Umami) This strategy is very similar to the previous position, but it hedges most of the delta and risk. Although the current APR is about 16.5%, it is relatively high from a historical perspective (about 50%), and the average APR will exceed 20% in the medium-term future. pufETH Despite the recent fierce competition, pufETH has always been a gold mine in the long run. The APR of this LP (30bps fee level) has been between 15-50% historically, with very low rebalancing. It's like a hidden gem, although it won't exist forever. Sustainable and scalable ETH yield rates above 20% are not common. You can find some smaller but still incredible opportunities in places like D2LFinance, but it is self-deceptive to make them too public when it comes to smaller positions for smaller returns. Related reports Coin Security officially launched 'yield Margin BFUSD' with an annualized return of up to 30%, what are the features and risks? Say goodbye to the pain of decline, the strategy of 'Stable Coin yield' of major mainstream public chains is here Paxos newly launched 'USDL' with a daily distribution of 5% return, can it shake the monopoly position of USDT and USDC? <16 Ethereum 20% Annual Yield Strategies: wstETH, leverage weETH, AERO Mining..> This article was first published on BlockTempo, the most influential blockchain news media in the dynamic area.