From a seated position the sky is always closer. do things

@eulerfinance is a pillar of the DeFi ecosystem for a reason, allowing users to unlock their idle capital and access yield opportunities without the hassle of exiting their positions. Intern is hyped because it allows him to go even harder on his hunt for 🅱️OINTS and Yield.

Their borrowed assets appreciate in price against their collateral too much. Enjoy chasing the best yields DeFi can offer without selling your tokens, but remember to monitor your risk and always plan to be able to pay down your loans when you need to 🚨.

🚨 As usual, Intern needs to remind users that these strategies involve borrowing assets. Whenever users borrow assets from a DeFi protocol they will almost always pay interest + their collateral will be at risk of liquidation if your collateral assets drop in price too much OR.

Make up one of their favourite Infrared Vault pairs. Then they'd be earning yield on their deposited asset, even more iBGT yield on the assets they've deposited into the vault and of course,. Even. More. Points.

Want to go a lil harder on points?. Of course you do you degenerate. A user could again deposit their iBGT or iBERA and borrow HONEY, but rather than depositing that HONEY into a stable pool they could take that HONEY and use it to buy either more iBGT, or some of the tokens that.

Then, they could go and take these HONEY tokens and deposit them into the HONEY-BYUSD pool on BEX, before staking these into Infrared to earn iBGT emissions. This would mean they'd be earning two layers of IR points at the same time, plus some cheeky iBGT yield ontop 👀.

Both their yield and IR Points while deposited in Euler. Let's say a user wants to earn more Infrared points or yield, but they'd like to do it in a chill way. In this scenario they could take their stack of iBERA and deposit it in Euler, before borrowing HONEY against them.

In contract iBGT accrues its yield externally, providing a steady flow of wBERA and HONEY earned by its backing BGT's boosting of Validators. Oh, also, of course both of these tokens are earning IR points, you know Intern can't forget that. Both iBGT and iBERA continue earning

To start we have the basics, which is that iBERA and iBGT both earn intrinsic yield, but they do it in slightly different ways. iBERA accrues yield internally, with its BERA backing increasing slowly over time through Validator Staking Yield.

Thanks to the chads at @MEVCapital, users can now borrow against both their iBGT and iBERA stacks on Euler, allowing them to free up capital to take other actions throughout DeFi. So, this leaves Intern with the obvious question. How many ways can we stack points on this boi?.

@eulerfinance That protocol is of course, @eulerfinance. Euler is a protocol designed to allow users to borrow against their hard earned tokens, freeing up their capital to allow them to make further moves in DeFi without selling their original stack.

Today Intern had a problem. He wanted to go and earn even more yield, but he also didn't want to sell any of his hard earned iBERA or iBGT (This is all they'll pay me in and I'm not allowed to sell, help) 🗝️. Then he remembered, there's a protocol that'll let him do both 👇

This one was way above Intern's paygrade, but hey, iBERA goes hard.

@origami_intern Intern is coming for your job, watch out. .

AND YES, all of these vaults earn Infrared Points, with multipliers clearly stated whenever they're relevant. At the end of the day it's pretty easy to see why it was lov at first sight for Infrared and Ori, a torrid affair Intern suspects will last well into the future 🌹.

The differentiation between the two depends on what you would like them to compound into. Auto-Compounders compound your yield back into more of your LP position, consistently building the size of your original position. Auto-Stakers take the iBGT and auto stake it into OriBGT.

Alongside OriBGT, Origami has built a whole cohort of Auto-Compounders, with a lil nice twist on their Auto-Stakers as well. These ones are pretty simple, they take @KodiakFi LP tokens and stake them in Infrared, earning iBGT yield and periodically compounding this yield.

OriBGT to target this leveraged exposure. 🚨 In contrast to Origami's other products, the 🅱️ooping vault includes leveraged exposure. If the Borrow rate on Euler outpaces OriBGT yield for an extended period of time the vaults share price will fall in wBERA terms 🚨.

For the more degen crowd the Origami team have also built the oriBGT 🅱️ooping Vault, which takes OriBGT up a notch. The 🅱️ooping Vault is designed to maintain 3.57x exposure to OriBGT. It does this using an @eulerfinance money market, borrowing wBERA and using it to buy more.