My heart always beats faster when I see opportunities like this.
Not familiar with the Sei LSTs/LRTs protocol? This could be an expensive mistake.
Here's a guide on how to build early in Sei and why it's currently underrated 🧵
@YeiFinance/ provides trustless lending and permissionless markets
Yei Finance is a decentralized non-custodial money market on the Sei Network, providing flexible financial solutions.
Why do I like it? Because you can not only get APY, but also farm Yei points and get future Sei airdrops.
It attracts users by...
Depositors/providers enhance liquidity and earn passive income.
Borrowing / obtaining funds through overcollateralization or flash loans.
Manage/reduce financial risk using advanced tools.
Key Points / Obtaining Official Funding from Sei Foundation {Green Flag}
The total locked amount of Yei Finance
Yei Finance currently has a total locked value (TVL) of US$49.7 million, ranking first among its peers and becoming a leading facilitator.
Discuss.
Let’s take a deeper look at what Yei Finance does…
Yei Finance Function / Flash Loan 1/3
Flash loans allow developers to borrow assets without posting collateral, as long as they are repaid in a single transaction.
Requires knowledge of EVM, programming, and smart contracts. Loans and fees must be repaid in the same transaction.
E-mode 2/3
E-mode improves capital efficiency by using related assets as collateral.
More information about E-mode / http://docs.yei.finance/welcome-to-yei/features/high-efficiency-mode-e-mode
Applicable to assets with stable value, such as USD-pegged assets (USDC, USDT, etc.)
Isolation Pattern in the Altcoin Market 3/3
This model is about risk management / isolation mode. The asset pool is customized to risk settings to manage risks and control market volatility, protecting overall liquidity...
Understanding Isolation Mode / How It Works
Select a quarantined asset from the dashboard
Adds the selected assets to the pool.
You can borrow stablecoins using the quarantine mode.
How to exit this mode?
To exit isolation mode:
In "Your Provisioning", toggle the slider to disable the asset
Click on “Disable asset as collateral” and confirm the gas fee
In quarantine mode, only stablecoins can be borrowed. Each asset has a debt ceiling listed on its reserves page.
Why I joined / Key benefits / How to get started
When I see an opportunity to earn passive income and extra rewards with minimal risk, I jump in without hesitation.
Go to / https://app.yei.finance
Connect your wallet
How to Farm Points and Earn Passive Income...
Deposit SEI into your wallet I did it through CEX
Now you can use your stablecoins or SEI to earn income.
Click on "Supply" and enter the desired amount of asset. Voila! Now you are earning earnings, points and rewards.
Build your strategy to achieve higher annualized returns.
600k+ $SEI to be deployed this week
These are great results and we will see more of them in the coming months.
If you haven’t started earning an income yet, don’t feel FOMO later.
Significant collaboration with Bitget Wallet
Have you heard of Task2get?
Here is the official step-by-step guide...
I think the Sei ecosystem is currently undervalued.
While others are farming on Aave, you can choose a platform with higher APY and rewards.
To learn more and stay updated / follow @YeiFinance
in conclusion
Seizing the first opportunity of Sei LSTs/LRTs protocol may be the key to your future profits. In this new financial ecosystem, through decentralized platforms such as Yei Finance.
Don't miss this undervalued opportunity, make early arrangements and enjoy the rich returns in the future. Act now and go to Yei Finance to start your investment journey, seize the market opportunities and maximize your returns.
