Revert Lend Reaches 90% Utilization with High APY and Weekly Points

🏦 40% APY... But How?

By Revert
Dec 26, 2024, 5:42 PM
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Revert Lend's USDC lending pool has reached 90% utilization, offering a significant 40% APY for lenders.​ The protocol maintains its weekly points distribution program:

  • 1.​9M points distributed every Friday to USDC lenders
  • Additional points awarded for referrals
  • Program continues for several more months

The platform has shown consistent growth since September 2023, with APY rates fluctuating between 8-40% based on utilization.​ Total deposits recently surpassed 2M USDC.​

Note: High utilization rates typically indicate increased risk alongside higher returns.​

Sources

LP Leveragooor demand does not subside, so now is the perfect time for USDC lenders to go in for a 16% APY plus the weekly points. Only on @arbitrum

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@revertfinance

GMMM, It's week 6 of Revert Lend USDC lenders Friday morning points airdrop. With 1.9M points (2% of total points) distributed to 378 accounts providing 1.4M of USDC for borrowers. Let's goooooooo * Referral points have also been awarded.

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DeFi Renaissance is raging and it’s week 5 of the Revert Lend USDC lenders’ points program. 1.9M points (over 2% of total supply) were just dropped. Average USDC APY has been 8% over the past 4 weeks and is growing. 5 more months to go. Referral points for the week also just

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Week 4 Airdrop: ~1.9M points (close to 2.5% of total distributed) just landed for Revert Lend USDC lenders! Average USDC APY has been 8% over the past 4 weeks and is growing. Six more months to go. Referral points for the week also just dropped. Let’s get it!

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The first batch of points to USDC lenders have just been distributed—4.2 million points awarded to 111 lenders since Revert Lend launch on September 17th. The top lender now leads the 30-day points leaderboard overall across all points accruing categories. There are

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Read more about Revert

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Base Lending Market Heats Up with 39% APY for USDC Deposits

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Revert Lend Maintains High Utilization and Attractive Yields

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