According to TechFlow, Reya Labs announced the launch of sUSDe on the Reya Network to achieve cross-collateralization functionality and improve traders' capital utilization efficiency.
This new feature allows users to earn interest on their margin deposits while trading.
If the yield of sUSDe is 4.4%, when using the recent 1% funding rate difference of Bitcoin for 10x leverage trading, the annualized yield of the strategy can be increased from 5% to 9.8%.
Reya Labs reminds users that although sUSDe can be used as collateral, profits and losses are still calculated in rUSD, which may lead to automatic conversion.
