There are 5 Solana airdrops I'm farming:
Huma - a PayFi Network
Loopscale - a modular lending dApp
Kyros - a liquid restaking protocol
RateX - a leveraged yield exchange
Neutral Trade - an on-chain hedge fund
Here's a quick overview of my strategy for farming themđź§µ
@TradeNeutral
I'll start with a simple strategy.
â—† Bridge USDC to Solana
â—† Go to Neutral Trade
â—† Deposit USDC in "Hyperliquid Funding Arb" vault (a funding rate arbitrage vault)
You'll then earn ~11% APY + 2x Neutral points + qualify for a potential $HYPE 2.0 airdrop.
@LoopscaleLabs + @RateX_Dex
This strategy is more complex, but it enables farming several airdrops at once:
â—† Buy PST on Jupiter (PST is Huma Finance's yield-bearing stablecoin)
â—† Go to RateX (app.rate-x.io/referral?ref=MLAt7yEV) -> Click on "Points" -> "PST" -> Buy PT-PST-2507
(By buying PT tokens, you'll forego Huma Feathers points in exchange for a fixed yield)
Next steps are:
â—† Go to Loopscale (loop.sl/i/SK6SQ)
â—† Click on "Loop" -> Search for "PST" and select the PST-2507 loop
â—† Then deposit PST-2507 in a loop with ~4x leverage
With the strategy above, you'll earn:
• RateX points
• Loopscale points
• ~29% APY on stablecoins
It's hard to find a better yield and airdrop opportunity than this in DeFi.
@humafinance
Huma offers a 10% organic APR from real-world payment financing.
And you can get a 10% APR + Huma Feathers points by depositing USDC into the “Classic” pool with a 6-month lock.
I expect a total APR of 25-30% on USDC from the 10% base yield and the airdrop yield.
@KyrosFi + RateX
I'm a big fan of "2 birds, 1 stone" strategies, so here's one more:
â—†Restake SOL for kySOL on Kyros (boost.kyros.fi/?ref=loswuc)
â—†Go to RateX -> Click on "Liquidity" -> kySOL-2508 pool -> Deposit kySOL
In this way, you'll earn Kyros and RateX points at once.