Wow, almost half way through the year already, time goes fast and so do the juicy yields.
Here is how to take advantage of them with Farms Of The Month - June 2024
The best ETH and Stablecoin farms for you to enjoy this month 👇
Have a look at last months farms for some of the best opportunities, many of which will still have great yields for you to earn from.
Lets jump into this months opportunities with some of them below!
USD3 - RTokens @reserveprotocol
USD3 is a new stable backed by USDC, PYUSD and DAI all of which are in yield generating strategies in AAVE, Compound and DSR.
Due to @reserveprotocol's gov power, $USD3 itself can be incentivised.
Some juicy yields on @CurveFinance & @AerodromeFi
Basis trade on Hyperliquid / HLP
With funding rates increasing on certain alts, manually doing the basis trade by holding spot and shorting on @HyperliquidX is one that can generate you some income + points.
HLP is also another option as it has been for quite some time.
Timeswap @TimeswapLabs
Consistently one of the best places for high yields in DeFi. Back again with another banging pool introducing @pendle_fi PT pools for USDe
Get leveraged USDe exposure or lend stable for high double digit yields.
Protocol FX @protocol_fx
As has been the case for some time, FX stable coins have consistently offered high double digits yields for you farmers.
Here’s my ref link if you wanted to mint some yourself! fx.aladdin.club/assets/?code=0…
Ethena @ethena_labs
Funding on both BTC & ETH has increased in recent weeks. Consequently sUSDe yield jumped above 30%
There’s also some good farms with @pendle_fi PT tokens
Synonym @synonymfinance
Following their recent announcement now being live on Scroll, farm a combination of:
Scroll marks
Yield upto 26%
$SYNO
$W and $ARB via BIPS
Pretty underrated farm imo. Will be sharing my thoughts on this tomorrow.
JLP @JupiterExchange
JLP is the liquidity pool token powering Jupiters perps. 30% APY, solid appreciation. Not a bad option for you guys.
Pendle @pendle_fi
Always one of the best. Plenty of opportunities for stables, ETH and alt coins. PT tokens or Liquidity pools - theres yield for you!
Let me know what and where you're farming, as always will be back again next month!
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.