The best way to make money in a bear market? Stablecoin Airdrops!
> Zero price exposure
> 20%+ APY
> Airdrops
Here's how to max farm the top 5 Airdrops on Solana 🧵
ps. most people farm them wrong...
You can find yields up to 40%
But remember it's not about APYs only...
Most of the time, the airdrop will outperform the yield. Therefore, a good balance between yield and maxipoints is key
Focus on a few! No need to farm them all, especially if funds are limited
▫️ OnRe: Loop ONyc on Loopscale for 17% APY
This gets you max points for OnRe (6x) and on top the highest APY
You also max farm Loopscale (looping gets more points than lending)
Probably one if not the best DeFi strategy out here right now (join here: )
@onrefinance @Loopscale ▫️ Perena: LP USD* on RateX for 26% APY
Add USD* of Perena in RateX which will not only give you the RateX badge on Perena (will lead to Airdrop) but also 3x multiplier for RateX which could TGE soon
Join here:
@perena @RateX_Dex ▫️ Hylo: Earn 19% APY by adding hyUSD to RateX
The new best way to max farm Hylo is to add hyUSD to RateX for 8x Hylo points and 5x RateX multiplier
hyUSD is also less risky and volatile than sHYUSD
ps. on Exponent you only get 2x multiplier
@hylo_so If you're farming Hylo and have limited funds, you can now borrow against your Hylo assets without losing points on Project 0
▫️ 8x with hyUSD
You can use these funds to farm other protocols mentioned here (no brainer!)
@project0 ▫️ Huma: 19%+ on mPST
Looking to securely park your stables with a proven protocol? Huma currently offers the highest native APY
Ps. the airdrop is already included here
And it gets even better 👇🏼
@humafinance What could be even better is to lend PST (10% APY) on Jupiter lend and borrow USDC to farm other things mentioned here
PST offers an APY of around 10%, while borrowing USDC has an APY of only 3.3%
Borrow USDC agains PST:
@jup_lend ▫️ Solstice: LP USX on Exponent for 60%+ APY
There is currently no second best for USX and Solstice
You get 20x Flares (on Kamino just 5x) while having one the highest APYs. The pool is currently full (check daily and use eUSX pool meanwhile)
+ Exponent Airdrop ??
@solsticefi @ExponentFinance Currently I'm also testing two more interesting protocols with:
▫️ @piggybank_fi
▫️ @reflectmoney
which teasing points/airdrop and are super early (dyor)
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