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Spiral Stake is now Open for Deposits 🚀 Predictable, outsized stable yields is now a reality if you’re wanting to play safe & still earn big in DeFi Deposit your funds now into PT pools of industry elite stablecoins (powered by Pendle) with customizable loops up to 9x (thanks...

70,939 views • 1 year ago •via X (Twitter)

38 Comments

Spiral Stake 🅿️'s profile picture
Spiral Stake 🅿️1 year ago

2/6 The following PT pools are available for looping now: sUSDe, USDe - @ethena pUSDe - @strata_money USR - @ResolvLabs rUSD - @reservoir_xyz cUSD, stcUSD - @capapp csUSDL - @0xCoinshift USDO - @OpenEden_X fxSave - @protocol_fx The pools are selected after proper risk assessment & due diligence of the underlying stablecoin. The stablecoin issuers are well backed & are regarded as the best teams in DeFi

Spiral Stake 🅿️'s profile picture
Spiral Stake 🅿️1 year ago

3/6 Problem statement Users seeking stable, outsized returns struggle with using stablecoin strategies in 2 ways: No Seamless Stable Looping Yield - No specialized product exists that delivers this type of yield without complexity or hassle. Manual looping is cumbersome, gas inefficient & error-prone. And today’s automated looping platforms suffer from poor user experience & inability to track risks of the underlying asset. Unpredictable Supply/Borrow Costs - Both automated & manual looping processes are exposed to instruments that have variable interest borrow/supply rates. This creates uncertainty that drastically impacts returns, making ROI unpredictable.

Spiral Stake 🅿️'s profile picture
Spiral Stake 🅿️1 year ago

4/6 How we solve it: Spiral Stake’s integrated with @Pendle_fi PTs of stablecoins to source stable yield providing an unshakeable foundation for these yield strategies. Spiral Stake also has a gas-efficient, single-transaction Flash Leverage system utilizing @MorphoLabs borrow markets of select stablecoins. This replaces manual looping, eliminates complexity and reduces costs. Spiral Stake thus locks in borrow rates upfront generating stable, positive yield out of your position

Spiral Stake 🅿️'s profile picture
Spiral Stake 🅿️1 year ago

5/6 To understand more about how to start earning solid yields with Spiral Stake, check out this walkthrough by @bhimDP which will get you up & running asap

Spiral Stake 🅿️'s profile picture
Spiral Stake 🅿️1 year ago

6/6 Here’re our docs to understand our architecture & workflows - You can join our Spiral Stake community at - All in all, happy yield farming!

Spiral Stake Intern's profile picture
Spiral Stake Intern1 year ago

@pendle_fi Hey DeFi maxis, Spiral Stake has gone live and is open for automated looping of stablecoin PTs, check it out: @_lfausto @sonicassistant @hooeem @Slappjakke @SiloIntern @PendleIntern @Rightsideonly @pendle_grandma @0xCheeezzyyyy @crypto_linn @Jonasoeth @0xgilllee

Reservoir Intern's profile picture
Reservoir Intern1 year ago

@pendle_fi yeah, those numbers are real Deposit on @0xspiralstake and yield 42% APY on PT-rUSD

Max | safary.club's profile picture
Max | safary.club1 year ago

@pendle_fi Congrats Spiral team!

Vic Vinegar's profile picture
Vic Vinegar1 year ago

@pendle_fi paging @phtevenstrong seen this yet?

Mesh's profile picture
Mesh1 year ago

@pendle_fi This is interesting will check it out

jessica 🤍◡🤍's profile picture
jessica 🤍◡🤍1 year ago

@pendle_fi so sick, cant wait to play around

Shubham Bhandari's profile picture
Shubham Bhandari1 year ago

@pendle_fi Congrats 🥳

Startup Painkiller's profile picture
Startup Painkiller1 year ago

@pendle_fi 👀

Usman's profile picture
Usman1 year ago

@pendle_fi Gonna grab all 🔥

Simon Chadwick 👨‍🚀's profile picture
Simon Chadwick 👨‍🚀1 year ago

@pendle_fi Congrats guys! Huge

cap's profile picture
cap1 year ago

@pendle_fi Massive.

Karan Handa's profile picture
Karan Handa1 year ago

@pendle_fi All the very best team!

Mr V's profile picture
Mr V1 year ago

@pendle_fi SICK

Rupesh Firodiya Bitcoin MENA, BreakPoint 🇦🇪🚀's profile picture
Rupesh Firodiya Bitcoin MENA, BreakPoint 🇦🇪🚀1 year ago

@pendle_fi Congrats lfg 🚀

Rishabh Gupta's profile picture
Rishabh Gupta1 year ago

@pendle_fi congrats

Prabal Banerjee's profile picture
Prabal Banerjee1 year ago

@pendle_fi Congrats!

Nishikant | Qiro's profile picture
Nishikant | Qiro1 year ago

@pendle_fi Let’s go!!

Ben Aratame's profile picture
Ben Aratame1 year ago

@pendle_fi tuff

Abhijat Sinha | Autonomous Web3's profile picture
Abhijat Sinha | Autonomous Web31 year ago

@pendle_fi Kudos to the major milestone to Spiral Stake team! Rooting for you; May the market forever be with you…

Hashlock's profile picture
Hashlock1 year ago

@pendle_fi Proud of you, team! We've been very satisfied with our collaboration!

#🆖 (Nitin)'s profile picture
#🆖 (Nitin)1 year ago

@pendle_fi Congratulations, guys! Rooting for this

Mayank | Raga's profile picture
Mayank | Raga1 year ago

@pendle_fi 🔥🔥

Tarun Mangukiya's profile picture
Tarun Mangukiya1 year ago

@pendle_fi Congratulations!!

ethan's profile picture
ethan1 year ago

@pendle_fi Lfggg

Rishi's profile picture
Rishi1 year ago

@pendle_fi LFGGG

WIZZY (not your financial advisor)'s profile picture
WIZZY (not your financial advisor)11 months ago

@pendle_fi lfgg <33

Alex GG - New York's profile picture
Alex GG - New York1 year ago

@pendle_fi Happy for you guys!!!

0xdg.'s profile picture
0xdg.1 year ago

@pendle_fi interesting approach combining stablecoins with customizable leverage loops could attract users looking for safer yield opportunities

Adpr Pte Ltd's profile picture
Adpr Pte Ltd1 year ago

@pendle_fi 🔥

JF 👾's profile picture
JF 👾1 year ago

@pendle_fi Big 🔥🔥

0xVidhi's profile picture
0xVidhi11 months ago

@pendle_fi 👀👀

ishaan's profile picture
ishaan1 year ago

@pendle_fi congrats! very cool launch

Yash Belavadi's profile picture
Yash Belavadi1 year ago

@pendle_fi congrats team, LFG 🚀

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