Hey Edge readers,

We’re heading to Permissionless next week, where we’ll be catching up on the latest trends around DeFi, Restaking, Layer 2s, Bitcoin DeFi, and Solana. Look forward to insights and recaps from the conference next week.

In today’s edition:

• Yield of the Week: Origin superOETHb 🔵

  Tap into superior LST yields with Layer 2 incentives on Base.

• Bitcoin and Ethereum rally on positive jobs report 🗞️

  Plus: new airdrops, Grayscale launches AAVE fund, and…has Satoshi Nakamoto finally been revealed?

Stay sharp. 🫡

-The Exponential team

Meet Exponential.fi team at Permissionless

We’ll be hosting a side event, “Supercharge your crypto: DeFi yield strategies for newbs, farmers, whales and degens” on Wednesday, October 9th. Join us for an exclusive evening dedicated to uncovering the most lucrative risk-adjusted opportunities for generating exponential returns with DeFi yield.

Yield of the Week: Origin Super OETH

For those looking to grow their ETH without the hassle, Origin’s superOETHb pool is your best bet this week, offering 14%+ APY over the last 30 days. By leveraging Base’s Layer 2 rewards alongside Ethereum staking, superOETHb maximizes your ETH yield, all while maintaining a strong 1:1 peg to ETH.

If you prefer a hands-off approach, investing in superOETHb through Exponential.fi is as easy as it gets. Fund your account, invest, sit back, and watch your ETH grow at a competitive rate (median ETH yield is ~3%).

But if you’re more of a DIY yield farmer, superOETHb’s integrations across DeFi—like with Morpho and Ionic—allow you to get creative with looping strategies to maximize your yield. Plus, you benefit from super cheap gas fees on Base. TVL on Morpho has already exceeded $2 million and current utilization is at 92% (above the target of 90%). Keep in mind that further borrowing will likely spike the interest rate, which could impact the returns on your looping strategy.

Bottom line: Whether you’re after a steady yield or want to get more degen with your ETH, superOETHb is a great option in today’s yield landscape.

In the news

• Bitcoin and Ethereum rally on positive U.S. jobs report - Read 

• Ethena Network proposes native DEX leveraging USDe - Read

• Sky’s new stablecoin USDS jumps to $1 billion supply in two weeks - Read

• Liquid restaking protocol Puffer preps for airdrop - Read

• Grayscale launches AAVE investment fund - Read

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