➥ i rank every high-quality strategies on official strategy board lives at @Saturn_Credit app [1] Hold USDat → core position (5× points) - treasury-backed dollar - no STRC credit risk, no queue, no Pendle decay - you give up the ~14% STRC yield - best if you want points + a cash-like asset you can later route into Curve/Pendle/Morpho [2] Curve USDC/USDat LP → best “set and forget” points farm (25×) - two dollar stables, so IL is usually small - points jump from 5× (idle USDat) to 25× - lowest-maintenance S2 route if you don’t want to babysit YT decay or Morpho LTV - same 25× exists for USDC/sUSDat, but that adds STRC/sUSDat price risk - Pancake active-range USDT pairs on BNB are also 25×, but only while in range [3] Stake sUSDat → the actual product (1× points, ~14% yield) - this is the Bitcoin-credit exposure - you earn STRC dividends as the share price rises - exit is a queue, not instant - during the V2 window, treat this as less liquid than usual - better as a yield position than a points position [4] Pendle YT-USDat → highest official points multiple (30×) - you are long implied yield / points and short time - YT decays to zero at maturity, current listed maturities ~13-14 Jan 2027 - Saturn is also sending weekly USDat distributions into Pendle USDat markets on Ethereum + Monad, scaling with market size - good if the goal is Orbital Points density; poor if you want principal-protected dollars - YT-sUSDat is 10×; YT-srUSDat is 15× [5] Pendle PT-USDat + Morpho/Euler loop → best “real yield” structure when the spread is open - buy PT, post it as collateral, borrow USDC, buy more PT - earlier this month the spread looked roughly: - PT implied ~6.7% vs Morpho borrow ~4.8% - so a conservative ~3× loop was ~10% before gas - with utilization already high + little USDC left to borrow - that spread comes and goes - Saturn points on the raw PT-borrow markets are often zero; you do this for carry, not Orbital farming [6] Morpho / Flowdesk credit overlay - lend USDC into Saturn’s Morpho vault: 1× points - lend AUSD in the Flowdesk vault: 1× - borrow AUSD against sUSDat: 2× - this is how you lever the STRC yield without going through Pendle - same warning as any money market: utilization spikes, oracle risk, and sUSDat is not a vanilla stable [7] Strata junior | jrUSDat → 5× points, higher risk - junior absorbs losses first; srUSDat is the protected slice - only use jr if you explicitly want leveraged credit residual » disclaimer: not available to US, UK, EEA, or sanctioned users yield is variable. this is not investment advice