So, what are you farming? Is it still worthy to farm given Bitcoin is rising and so do Ether? Why not just hold them? That’s the most perfect strategy and it requires hard work, luck and attentiveness to beat this. Well buying Hype can also be one of the simpler strategies.
So, let’s back to farming.
1. Lombard finance– basically if you hold LBTC, you are earning some yield on your BTC. I don’t know how this works and don’t want to know also.
Lombard gives you LUX rewards for holding LBTC. The amount of LUX is not fixed. The calculation is somewhat like.
No. of Lux = Days Staked × Amount of LBTC × 1,000: according to their docs.
Lombard have raised $18M+. So, in short you can have your Bitcoin plus you will get LUX which may reward you something on airdrop.
Further to maximise this you can deposit LBTC to different vaults. One is Veda Lombard vaults. You will get Veda Points. Veda has raised $18 Million also. So, you will be farming 2 things at once, combined raised $38M+ and also have price appreciation of Bitcoin.
Remember that on unstaking your LBTC may take 3-7 days. There are some pools also where you can swap them.
There is something called turtle. You can deposit LBTC into turtle Katana vaults and farm 4 things at once.
LUX,Veda,Kat,Turtle. But if you withdraw your deposit, rewards will be slashed may be up to 100% depending upon when you withdraw. You can also provide liquidity on sushi on katana. BTCK/LBTC. This is basically a stable pool and you will earn KAT rewards and also LUX. So it’s up to you on how to maximise this opportunity. The thing to consider here when you want to withdraw.
If you don’t want to hold till Oct 25, providing liquidity on sushiswap on katana is a better option.
One thing about Lombard is 18th Dec 2025. I got to know this when specified by didi trading. Kaito is running Lombard yapping till same date. Also on Pendle, maturity is 18th Dec. I put around $60 to buy 0.1YT(yield token) of LBTC which will give me LUX rewards equivalent of 0.1LBTC. My YT will be worthless at maturity ie 18th DEC 2025.
0.1LBTC is worth around $10K+. That’s a very large capital for me to put to
work. So, I think putting $60 to same efficiency as of $10K is better for me.
You decide your strategy.
2. Treehouse Finance– They raised $18Million in March 2022 and recently raised undisclosed amount at $400MILLION valuation.
In short, you Mint teth with your eth. Your teth is a yield generating eth. You can provide your teth as collateral on euler and borrow weth to supply on some other platforms. Your collateral will keep earning nuts. I did this.
I also bought 1YT (yield token) of teth worth around $52 which will give me nuts equivalent to 1Teth. The philosophy is same.
Capital efficiency for airdrop farming.
3. Hyperliquid – People are writing threads on how to farm hyperevm. Jeff and team are heads down working on their product. There are so many protocols on hyperevm with name starting like hype……
I think one should do at least 10+ transactions on hyperevm per month. I have currently some big percentages of portfolio on hyperevm which I have started decreasing. Few swaps. Some lending activities, for hyperevm only for different protocols.
The other is staking Hype. Last time I was rewarded for staking Hype. So, staking Hype on validator Nansen×Hypercollective. Keep in mind that to stake you will have to transfer tokens from spot to stake and then stake. If you do unstaking,it will take may be 8 days.1 day to unstake and 7 days to transfer tokens from stake to spot. Why I am staking?
Nansen has raised $88Million. Recently they started points programme. Well, there is no guarantee that it will do airdrops but who knows. Hypercollective is a team of builders on hyperliquid.
Trading spot on hyperliquid. Depositing/withdrawing spot BTC,ETH,SOL,FART through hyperunit seems simpler.
I think hyperliquid will not announce S02 award sooner. So better be organic. Don’t just trade. In the name of volume don’t even do leverage trading. Even though you trade delta neutral, huge volume on perps will eat fees.
Liquid staking solution is going to be announced/live on 15th July by Kinetiq.I
may stake further. I have a firm belief that just by holding $Hype, we can be generously rewarded.
4. Active farming on perp dexes like extended,lighter,paradex.
I did some minor activity on paradex long before which I don’t do now.
Lighter have zero fees. I have noticed that Lighter points are being sold over OTC.
But it’s tough to have Lighter points. If you are new to Lighter you need unique invite code. Just trading with volume will give points but very less number. So people say that liquidating your portfolio give good points. Well it’s up to you. Farming delta neutral may reward as you are not burning fees. So all it takes is 2 accounts with $100 each and daily activity of around 30 minutes.
Extended: they have raised around $6M +. Same strategy. Delta neutral. Current Epoch is 11. It will run I think upto 20. It means 9 more weeks before TGE. Around 2.5 months. Points are easy to accumulate, may be because there are less number of people at the moment. Delta neutral, high leverage heavy volume seems good for points. But remember the fees.
Long before, I farmed 3 perp dexes. Orderly,Woo,Hyperliquid. I can’t recall which one I farmed aggressively but I am glad that I farmed all 3. There is no way to know which one will cook. Only after hyperliquid became too successful, we praise Jeff. I didn’t know before and so do you.
So farm, turn every page of the book to find multi bagger. Sometimes I leave something based on my gut feeling or it has become very tedious to farm like Hundreds of tasks to do.
There are so many risks associated with above strategies which i have not told you. It’s up to you to decide. Over a decade hardly few things might have beaten spectacular performance of Bitcoin. I don’t know. There are some other things also which I am farming also which may give reward.
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