@wjs
At 86% LLTV, this new Morpho market for noon_capital sUSN means a 7x looper can earn a net annualized yield rate of ~29.2%.
sUSN yield = 10.22% (7D APY)
USDC borrow = 7%
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Also, reminder that Noon has the longest running real-time Proof of Solvency Dashboard powered by AccountableData to track the USN collateral reserves and ensure it's over 100% collateralized.
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Note: Noon USN risk tier is categorized as AA according to Synnax_ai.