
Aave USDG Rollover Plan Offers Yield Below Most Borrowing Rates
Key Highlights: Pendle’s February Principal Token ($USDG) implied yield registered at 2.98% on Oct. 10, remaining significantly below Aave X Layer variable borrowing rates for USDT0 (4.12%), $USDC (5.87%), and $USDG (3.75%). Without external incentives, leveraged looping faces negative carry; standalone modeling reveals that 5x leverage consumes gross yield gains, leaving loop profitability reliant on ...
