Felix Protocol

Felix Vanilla introduces Frontier Vaults, a new offering for stablecoin lenders seeking higher yields through more exotic collateral markets. Key updates: - New collateral options including UETH, hwHLP, and WHLP - Increased LTV of 77% for kHYPE and HYPE (up from 62.5%) - Support for hbUSDT and PT-hbUSDT looping strategies - Risk-segmented lending pools via Morpho protocol Felix Vanilla has already attracted $550M in deposits, primarily used for: - Looping on various HYPE-related assets - Borrowing for perps trading - DeFi farming activities Visit [Felix Vanilla](http://usefelix.xyz/vanilla-earn) to explore the new Frontier Vaults.