Mezzanine is a cool DeFi primitive. It's the first DeFi app that splits complex DeFi strategies into multiple tranching vaults with different risk profiles. Its first product, called Hastra Optimizer, offers up to 37% APY at the moment from a looping strategy on Morpho and Kamino. This yield doesn't come from token emissions. It's generated by looping Hastra's AUTO and PRIME yield-bearing assets. AUTO yield comes from auto loans, while PRIME yield comes from US home equity loans. Looping is normally a complex DeFi strategy that takes time and requires signing a lot of transactions, which is why few people do it. But if you deposit funds in Hastra Optimizer vaults, Mezzanine automates looping for you. Mezzanine splits this looping strategy into two vaults: A junior tranche and a senior tranche. If the strategy I described earlier ever incurs losses, junior tranche depositors absorb them first, covering the senior tranche. In exchange for taking on more risk, junior depositors get a higher yield of 37% APY, while senior tranche depositors get 11% while taking on lower risk. I think both are great yields, especially since you also get Mezzanine points on top of them. @phtevenstrong, who I've been following for years for his yield farming content, is the protocol's co-founder. If you want to try it, my referral link gives you a lifetime 10% points boost: https://app.mezz.finance/points_and_referral?code=DEFI I deposited some funds into Mezzanine's Hastra Optimizer senior tranche vault.