
Yields don’t always come from lending — they can be driven by different underlying mechanisms, each with its own risk potential
Currently Onre (@onrefinance) and Hylo (@hylo_so) are the main players behind the highest APYs
But let me explain you...

Lending
Onre is bringing real world yield onchain and is already live on Loopscale and Kamino
This is currently one of my favorite ways to earn yield as you can also farm the Loopscale airdrop (SAWc5)
An alternative is Flashtrade's stable pool (sometimes up to 20% APY)

Vaults
Vaults are like an automated fund managers. They aren't as safe as lending but APYs can also go much higher
In my experience all listed strategies (JLP) barely go under 20% APY
Stay in these vaults long enough as they may face small drawdowns sometimes

Yield Farming
With Hylo added to Ratex and Exponent, this will likely have the highest yield for some time (+ you farm 2 Airdrops)
All you need to decide is: Do you want more points or yield?
sHYUSD gives you only 2x points but APY is above 30%
hyUSD gives you 8x points but APY is smaller

Mixed Strategies
Hylo is currently king but make sure to use s/HYUSD in Ratex instead of letting it sit idle in wallet (code FABIANO)
Besides Hylo, I have a lot in Huma, currently in mPST without 10% APY, but it's fine with the upcoming Airdrop likely outperforming PST again

Multiply and Loop
Best loop strategy currently is Onre (ONyc), which gives you heavy exposure to Loopscales Airdrop as well as Onre points (up to 41.8% APY!!)
You can find a similar strategy with smaller leverage on Kamino
Make sure not to jump in and out of these loops!

In my opinion, the best strategies are lending (looping with small leverage) and yield farming on RateX to get 2-in-1 Airdrops
In the end all you need is patience! In the long run, you'll outperform 99% of memecoin traders...
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