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PT-ONyc is now usable as collateral on @kamino You can deposit @ExponentFinance’s PT-ONyc and borrow USDG against it, with up to 65% LTV. This opens an interesting route for DeFi users: unlock liquidity from a fixed-yield position without selling it. And potentially take it further by using the borrowed USDG to acquire more PT-ONyc, building a leveraged position around its yield. More capital efficiency for holders of yield-bearing assets on Solana.

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