X @Starknet (BTCFi arc)
Starknet 🐺🐱·2025-10-20 14:23
RT rf.extended (@rf_extended)I’ve received a couple of questions on whether Extended users can benefit from @Starknet's BTCFi campaign, so I’ve briefly looked into it and summarised a couple of ideas:1. Using BTC as yield-bearing collateral to trade on Extended or deposit funds into the vault- Borrow USDC against wBTC/LBTC/tBTC on @vesuxyz.- Lending rate is ~2%, USDC borrowing rate is 0.3-0.7%.2. Basis trade (long spot, short perp), leveraging incentivised rates on @vesuxyz- Buy wBTC/LBTC/tBTC.- Borrow USDC ...