The #TerraLuna incident has taught us all valuable lessons. However, one thing certain for us is that the builders' community is still very strong and we are all here to make #DeFi stay.
Regardless of the market condition, #HomoraV2 can help even in sideway market. Here's how 🧵
During a bullish market, everything will be in an upward trend. HODLers can easily profit just by selling tokens at a price higher than when they bought them.
When the market becomes more volatile, profiting becomes much harder and requires more effort to monitor.
What to do?
Try Shorting with #Leveragedyieldfarm.
Today we'll explore 1 of the many strategies you can apply.
With #HomoraV2, you can customize your strategies even during times like sideway market, or during any market condition.
Shorting
Power of #leveragedyieldfarming on Homora is its ability to short assets without compromising yield farming rewards.
In short, you can do so by leveraging over 3X and converting the borrowed assets to short exposure.
Let's look at an example:
On #HomoraV2 you can supply any combination of assets to become LP.
Let's say we want to farm in AVAX/USDC pool & would like to short AVAX.
Supply USDC to borrow only AVAX. Since Homora optimally swaps assets for you to have 50:50 ratio, you will gain short exposure on AVAX.
Say we farm with $1000 USDC, 3X leverage.
Homora will borrow $2000 worth of AVAX for you but convert $500 AVAX to $USDC to create 50:50 ratio.
As a result, you'd have $500 worth of short position on AVAX while earning higher yield farming APY from your leveraged position.
There's the 1st farming option for ya! Part 2 soon.
If it's too hard, there's a lot of resources out there on strategies explanation or detailed calculations.
#HomoraV2 is merely a tool for helping you earn higher rewards. But always DYOR to know the risks!
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If you are ready to make some beefy yields, let's head to our DApp: homora-v2.alphaventuredao.io/
🚂 More content IN COMING. If there's any topic you want to know more, let us know below 👇
You can read the unrolled version of this thread here: typefully.com/Alpha_HomoraV2/NNQu2hS