ETH borrow rates are going crazy. Here is a super easy rate arb: - Borrow ETH on Silo Ethereum ($9M available), 2.3% current rate - WEETH Collateral - Deposit on Aave for 8.7% 👇🔗

Silo Labs has engaged @GSR_io as the official market maker for the SILO token. By enhancing liquidity on decentralized and centralized exchanges, we aim to maximize accessibility and distribution as we proceed to the next steps of our growth phase.

We've just crossed $100m in total deposits on Silo Avalanche, officially making it our second largest Silo deployment. From stablecoins to BTC, Silo v2 is providing the infrastructure to scale all forms of yield and leverage. On to the next $100m 🤝

After Sonic, Silo Avalanche is scaling nicely with almost $80M TVL and impressive 87% utilization of USDC. @SiloFinance V2 high-yield, isolated lending markets are crushing it.

$SILO is massively undervalued at the moment. With Mcap/TVL at 0.02, the upside is huge. - +200M in borrows - Close to half $bn in TVL - Over 60% of $SILO locked out of circulation

A story in four parts: 1. Falcon announces 36x Miles for Pendle sUSDf 2. PT-sUSDf implied APY spikes to 12.65% APY 3. USDC borrow rates against PT-sUSDf sitting at measly 6.8% APR 4. PT-sUSDf loopers printing 65% APY YES THIS IS ALPHA - 65% APY on stables if you get in quick.

Silo has the best stablecoin yields on mainnet right now. 👉 10.5% APR in stables (USDC + USDf) 👉 7.4% APR in xSILO (10.7% underlying yield) That's 17.9% total APR on $USDC. Limited exposure to Falcon Finance's sUSDf, USDf, PT-sUSDf. Links 👇

In two weeks, Silo successfully launches on Ethereum and Avalanche, and is growing fast. Bring your 💰💰 to avalanche for the high yield and better risk management. What is next? 👇

Post-mortem on yesterday's security incident. TL;DR ✅ User funds safe at all times ✅ Scope limited to an audited, unreleased smart contract, unrelated to the core protocol ✅ 244 ETH lost by SiloDAO Tracing and recovery are now underway - thank you all for the support.

We can confirm that the Silo protocol is safe, including its isolated markets and vaults, and users can continue using it confidently.