ALPHA FARMING ON AVLANCHE ECOSYSTEM
Discover more about Alpha #farming on @avalancheavax ecosystem with us! What are the pros and cons of risk tolerance, how to optimize farming, etc? Details below!
#AvaxholicInsights #CSSADT #AVAXDT
1. START WITH LIQUID STAKING ON BENQI
@BenqiFinance - the liquid staking protocol on Avalanche, helps optimize the staking amount. Instead of locking $AVAX to get APR, its function provides $sAVAX when users were staking $AVAX so users can optimize their yield in multiple ways.
2. OPTIMIZE FARMING WITH $sAVAX ON TRADERJOE
The first strategy with #sAVAX runs on TraderJoe; with #sAVAX after staked #AVAX, users can yield more by joining farming on TraderJoe. And here's how to do that 👇
#AvaxholicAnalytics #CSSADT #AVAXDT
3. OPTIMIZE FARMING WITH $sAVAX ON ANCHOR
The second strategy is using #sAVAX as collateral to borrow $UST on Anchor and optimizing farming $UST to get a 19.5% APR.
#AvaxholicInsights #CSSADT #AVAXDT
4. RISK TOLERANCE
All the strategies will have risks on them. High risk will come with high returns; we need to identify all the risks before joining in. Take a look at the graphic to know how!
#AvaxholicInsights #CSSADT #AVAXDT
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