Mining strategy of native USDC on Sui (annualized return 57%)
Currently, the annualized return of LP that forms USDC/wUSDC on Cetus is still 57%. Stablecoins will return to the anchor sooner or later, so it is a very safe return.
Due to the current small amount of native USDC casting and poor liquidity, the slippage of exchanging native USDC is high. How to solve it?
1. You can borrow USDC and wUSDC by depositing Sui, USDT, wUSDC or other assets in NAVI, and you need to pay a little loan fee (the loan interest rate is 8% to 9%)
2. Navi has also launched the exchange function of wUSDC and native USDC. After entering navi (app.naviprotocol. io), just click [migrate] above
You can exchange wUSDC and USDC through loan asset migration and wallet asset migration, but there is still loss in the exchange here, so you can wait for the slippage to be smaller before exchanging
3. Find the USDC/wUSDC pool on cetus (app.cetus. zone/pool/list), set the interval to add liquidity