Okay my good anons, here are my 5 Favorite Yield Farming Opportunities On @FantomFDN Chain!
Big thanks to Fantom educatoors @phtevenstrong, @FTMAlerts, @rektfoodfarmer, and @Route2FI for helping me learn about most of them!
Thread:
One: Is the most famous @FantomFDN farm pair of all... $FTM / $TOMB...
I am a big fan of @tombfinance and @harryyeh, and very bullish on Fantom... as a result this is a mouth-watering opportunity due to the (theoretical) lack of impermanent loss... cont.
2/x
...and crazy high apr's...
The below screenshot is of the option to auto-compound $FTM/ $TOMB on the wonderful @beefyfinance . Auto-compounding is especially helpful at high apr's like this, since it can dramatically increase your overall return.
3/x
Two: Is on the far opposite end of the risk curve, which is a nice regular stablecoin pair from the wicked smart crew at @SpookySwap. (Love the $BOO!)
This is $MAI from my beloved @QiDaoProtocol, paired with $USDC for 21.67% yield.
4/x
Three: Single-asset farming $CRV via folding on @GeistFinance, again auto-compounded by @beefyfinance.
Follow the good frog @CFrogE1 and get Curve-pilled, and then if you can't stomach gas fees for Convex on ETH L1, consider this a good backup option!
5/x
Four: Speaking of the wonderful @beefyfinance ... the next awesome opportunity is the $BIFI Maxi Vault on their site, where you can stake their gov token $BIFI to earn profit sharing from the protocol!
We LOVE the heifer and this is a great way to share in its success!
6/x
As mentioned the other day... the great thing about this specific $BIFI Maxi Vault is that you can take your mooBIFI reciepts for it and use them as collateral on @QiDaoProtocol to borrow against at 0% interest, while still getting the underlying yield!
7/x
Five: The wonderful folks at @beethoven_x have a yield farming opportunity I think is extremely cool, which is there Fidelio Duetto pool, which is 80% $BEETS (their gov token), and 20% $FTM.
This ratio cuts down on IL, and has crazy high 200%+ apr too!
9/x
This is a particularly clever move by @beethoven_x, because it reduces IL, which is a big problem with most FTM pairs if you believe FTM may moon from here.
Major props to the folks at $BEETS as a result!
10/x
Conclusion: I'm yield farming full-time right now and plan to keep doing threads like these daily, so if you are focused on similar stuff plz follow and rt! I really do appreciate it tremendously :)
🙏🐸🧑🌾🐸🙏
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