Smart Debt Classic
π What it is: You supply a base token (like EGLD) and borrow an LP token.
β How it works: Same logic as Smart Debt, but now you donβt get staking rewards from your collateral. This only makes sense when the base token APY is unusually high, making up for the lack of auto-compounding.
π‘ Why to use it: When base token supply APY is boosted (e.g., through temporary incentives), this can outperform using an xToken.
π§ͺ Example:
Supply:
EGLD
Borrow:
XEGLD/WEGLD LP
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