Zero Lend Airdrop APR on Manta looped

in #manta18 days ago

Manta on Zero Lend offers some nice air drop rates as well as regular rates on USDC offering regualar interest of 3.07% and borrow interest to pay of 3.74% with deposit airdrops of ZERO at 4.73% and airdrops on borrows of 28.63% which when looped gives me 101.1% on my net capital with no risk of liquidation as I borrowed the same assets as I deposited for the loops so if the prices change they will change at the same rate and my LTV will not change so I can keep it low and maximize the ZERO drop which im doing on LINEA, MANTA and ZKsync. Zero Lend is a fork of AAVE I believe and staking ZERO which is deposited on LINEA form all chains gets you the PYTH airdrop for ZERO stakers along with any future airdrops to come. Lock it up for 4 years and enjoy a bonus APR on top of 20% to make the staking APR over 150%. Will be interesting to see what the price action does in a bull market and if it can become more widely used as this is a newly seeded multi chain protocol like AAVE it has potential for the token to have significant value as the protocol collects fees and ZERO is eligible for additional airdrops which will cause the price to remain higher or spike up when the airdrops are announced at which time I would sell some of the ZERO that has not been locked up yet as I will start locking up only 75% once I get enough locked and cash out 25%.

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