*Heavy breathing*
$KAS
A DOLLAR THAT PAYS 36.97%?!
Right now on @AppKaskad:
1⃣ Supply USDC
2⃣ Earn 36.97% APY
Real yield, paid by borrowers.
Here's one way to play it:
Supply USDC at 36.97%. Borrow USDT at 5.87% against it. Your borrow rate sits far below what your supply earns, so the position stays net positive while you free up liquidity.
Now you could take that borrowed USDT and buy kaspa:native, or whatever you're bullish on. Your USDC keeps earning, your borrow costs a fraction of that, and you hold the upside on the asset you actually want.
Two things worth knowing:
Since your collateral here is a stablecoin, your Health Factor barely moves, liquidation isn't really the big concern. The thing to keep in mind: buying a volatile asset like kaspa:native with borrowed USDT is leverage. If KAS drops, you still owe the loan, so only size it to a risk you're fine holding.
These rates are live and move with utilization. 36.97% today shifts as supply and borrow demand change. Check the actual rates before you act.
Sep 5, 2026 · 8:45 PM UTC
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