⚡ A wealth management method that is very suitable for BTC/ETH holders—— After writing Pendle Boros last time, many people felt that it was only suitable for institutional players like Ethena. Actually, it's not true. Retail investors with BTC/ETH spot can also use @ boros_fi for simple arbitrage! Give me the easiest gameplay to get started with Holding BTC spot (based on price hedging)+Short selling BTC perpetual contract (charging fees)+Short selling BTC-YU (locking in high funding rates) Assumption: You already hold 1 BTC (worth 100000) for a 90 day period, short YU on Boros and lock in Implied APR=8%. Scenario 1 ⃣： The funding rate remains at 8% throughout the entire process (consistent with the locked in interest rate) Perpetual short fund fee income: 100000 × 8% × (90/365) ≈ 1972 Short selling YU profit: actual rate=lock in rate, no profit or loss → 0 Total revenue: 1972+0=1972 (8% annualized) Scenario 2 ⃣： The funding rate has dropped to 5% (lower than the lock in rate) Perpetual short fund fee income: 100000 × 5% × (90/365) ≈ 1232 Short selling YU: Profit=(locked in interest rate - actual interest rate) corresponding return 100,000 ×（8% - 5%）×（90/365）=740 Total revenue: 1232+740=1972 Scenario 3 ⃣： The funding rate has increased to 11% (higher than the lock in rate) Perpetual short fund fee income: 100000 × 11% × (90/365) ≈ 2712 Short selling YU: Loss=Cost corresponding to (actual interest rate - locked in interest rate), 100000 x (11% -8%) x (90/365)=740 Total revenue: 2712-740=1972 So no matter how the rates change, the perpetual "gain/loss" and YU's "loss/gain" can always offset each other, and the final profit you can get is the Implied APR locked in on Boros. And it doesn't affect your spot position, which is very suitable for coin holders like me who don't plan to clear their positions in the short term! By the way, Boros is really fierce! It has only been online for 9 days, and the technical aspect has been rising all the way—— -TVL increased from 1.78M to 2.75M (+53%) -The trading volume reached 111.4M -The opening limit has been raised multiple times to 28.55M -The price of @ pendle_fi token has increased by 41.9% The market demand is still quite strong! I strongly recommend that you first set up a small storage space to use. As someone who has played Hyperliquid before and understands capital rates, understanding Boros should be easy! Steal a picture of @ defi_mago to help understand——