Pretty new protocol in the market, building on top of: ​ - @ethena_labs - @etherealdex ​ @strata_money has structured yield products for $USDe and $sUSDe ​ Meaning you can adjust your risk-reward appetite while earning yield from one of the top DeFi protocols in the scene ​ Liquidity's been flowing in pretty fast since it opened: ​ $50M+ in the span of 2 weeks One of the reasons (behind the ethena product) is likely the points program and the boost during Season 0 ​ 30x points from both Strata and Ethena + Etheral points as well ​ By using $USDe and $sUSDe to mint the protocol's stable $pUSDe you get the basic yield (~13%) while gaining points from 3 different protocols ​ You can then split pUSDe on Pendle to reach 60x Strata Points and 50x Ethena's ​ Or borrow $USDC against it (and its PT version) on @TermMaxFi and repeat the process with some looping ​ I'm taking part for these reasons: ​ - The campaign should last around 10 weeks more, not too long - There's no lockup and you can redeem 1:1 at any time - It's on the official platform of Ethena and followed by @pendle_fi, seems safe - It looks like it's still pretty early ​ If this gets to 3/400M in TVL, you want to be there before that happens