A step-by-step guide to maximize your stablecoin yield using srUSD and Euler's Multiply feature
Strategy Overview: This guide shows how to earn up to 71% APR using stablecoins on Berachain with no price volatility or vesting periods by leveraging Reservoir's srUSD and Euler Finance's Multiply feature.
Keep an eye on important metrics in your Euler dashboard:
| Benefit | Description |
|---|---|
| High Yield | Generates up to 71% APR using only stablecoins (no price volatility) |
| Double Rewards | Earns both yield and POINTS for Reservoir's future airdrop |
| Efficiency | The Multiply feature automatically loops srUSD/rUSD, saving time and gas fees |
| Capital Efficiency | With srUSD as collateral, you can achieve ROE (Return on Equity) of up to 64.51% |
This strategy effectively leverages the Euler protocol's Multiply feature to amplify your stablecoin yields without taking on price risk associated with volatile cryptocurrencies. The key is that you're essentially looping through borrowing and lending in an automated way that maximizes capital efficiency.