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Kieran Daniels
@kdaniels.eth
Is your $WELL earning yield? It should be! Supply + stake on Teller and start earning 22% compounding APY. No lockups = withdraw anytime. app.teller.org/base/earn
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Anthony Pete
@odogwupete
$WELL what’s that about
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Kieran Daniels
@kdaniels.eth
Afaik there is no where to earn yield on $WELL other than Teller. Also Teller pools are single sided = no IL. You can also withdraw your $MAMO from their vaults and earn double yield on Teller.
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Anthony Pete
@odogwupete
Oh wow this is some serious alpha
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Kieran Daniels
@kdaniels.eth
Teller is straight up paying the 22% staking rewards up to $100k in each pool to bootstrap (then it will taper down). This is paid out per block, claim anytime. When organic borrowing picks up then the yield will increase on top of that ranging between 20-60% yield -- this yield comes from the interest that the borrowers pay when they repay their loans, at the time of each loan repayment. You can checkout our mainnet pools to see how it looks when its scaled :) Please lmk if you have any questions or feedback!
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