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![SiloFinance Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1332500746206646277.png) Silo Labs [@SiloFinance](/creator/twitter/SiloFinance) on x 49.9K followers
Created: 2024-02-14 12:56:46 UTC

🤔 How work?

Deposit $USDC.e on Savvy to borrow $svUSD, a soft-pegged stablecoin.

The $USDC.e is deployed to DeFi strategies such as Silo x Yield Yak to earn yield that automatically repays your loan!

$svUSD can then be deployed across DeFi to earn even more yield 👀

![](https://pbs.twimg.com/media/GGTI-YHasAAmOJw.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1757750732806393979/c:line.svg)

**Related Topics**
[usdce](/topic/usdce)
[yield yak](/topic/yield-yak)
[$svusd](/topic/$svusd)
[savvy](/topic/savvy)
[$usdce](/topic/$usdce)
[coins stablecoin](/topic/coins-stablecoin)

[Post Link](https://x.com/SiloFinance/status/1757750732806393979)