According to PANews, Justin Sun recently invested 18,000 ETH, equivalent to approximately 67.86 million USD, in three LRT products due to expire on June 27. This investment is expected to yield a fixed return of between 17% and 21% APY in cryptocurrency.
Sun's investment was divided among three different products. He invested 10,000 ETH in 10111.937 PT-weETH, which will yield an equivalent amount of weETH upon maturity on June 27. Additionally, he invested 5,000 ETH in 5,082.9 PT-pufETH, which will yield an equivalent amount of pufETH upon maturity. Lastly, he invested 3,000 ETH in 3,025.9 PT-rsETH, which will yield an equivalent amount of rsETH upon maturity.
After the 22-day maturity period, Sun is expected to earn approximately 220.7 ETH, equivalent to about 830,000 USD. This represents a significant return on his investment in these LRT products.
