Turning NVDAx Bags Into a Passive Yield Engine with PiggyBank.fi
Came across this tokenised RWA (real world asset) play today. Tokenised stocks (stocks on steroids is their hook) looped for you 😎. Be aware it is a new platform, so test with small amounts and please DYOR but it could be one to watch 👍. Full breakdown and walk through will be available in the Premium section later today.
Most of us treat NVDAx as a simple “synthetic stock” hold, but PiggyBank.fi lets you turn that position into a yield‑bearing asset without manually juggling leverage or farms. You deposit NVDAx into the xStocks Vault and receive pbNVDAx, a token that automatically tracks your share of an under‑the‑hood strategy using Kamino‑style lending, stablecoin borrowing, and low‑risk stablecoin farms to generate extra yield.​
Instead of trying to loop collateral yourself, the vault does it for you and auto‑compounds the returns: over time, each pbNVDAx becomes redeemable for more NVDAx than you initially deposited, assuming markets behave and the strategy performs. The trade‑off is accepting DeFi risk—liquidations if NVDAx dumps hard, smart‑contract and integration risk, plus 48–96h epoch‑based withdrawals—but in return you potentially capture a higher long‑term return on an asset you were planning to hold anyway.
If you’re already bullish NVDAx and comfortable with DeFi risk, PiggyBank.fi is a tool worth watching as part of a broader “yield‑on‑synthetics” stack, rather than just letting your tokens sit idle
1
1 comment
Nick Pittaway
2
Turning NVDAx Bags Into a Passive Yield Engine with PiggyBank.fi
powered by
The Crypto Sabbatical
skool.com/the-crypto-sabbatical-5837
Can you really escape the 9-to-5 and live on crypto? Join The Crypto Sabbatical and discover the possibilities firsthand.
Build your own community
Bring people together around your passion and get paid.
Powered by