Okay my good frogs, its clear I'm not the only big-time $FTM fan here on CT... so wanted to do a thread of threads (yes... I'm a threadoor) on @FantomFDN $FTM!
Thread: 5 Awesome Threads That Make Me Bullish On $FTM (+ Yield Farming Strategies)
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Here is an absolutely fantastic thread from earlier today on $FTM by one of my favorite ct accounts, @JackNiewold.
It breaks down the bull case for $FTM and why it is potentially undervalued as an L1:
If you've been following me you've seen $TOMB featured prominently in my #FrenchChart's, and the team at @tombfinance doesn't seem to be slowing down one bit, so well worth checking out!
If you've never used $FTM Fantom chain before and are unsure where to start, here is a fantastic introduction/tutorial from @alexandomega , which I found via the amazing @FTMAlerts...
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.
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...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.
As mentioned in my thread yesterday on '12 Reasons Beefy Finance $BIFI Is An Undervalued Gem', this is a strategy you can use to get extra high apr's with your $BIFI.
Step Two: Deposit your $BIFI in the Beefy.Finance-Fantom "BIFI Maxi Vault".
Note: Right now... (cont.)
..the apr is kind of low, but when $FTM starts going up in price again after this dip we've had, it should be comparable to the BIFI Maxi Vaults on other chains.
Step Three: Go to @QiDaoProtocol, which recently started accepting mooBIFI receipts as collateral.
Okay anon - have you followed @CFrogE1 and @noahseidman and become @CurveFinance -pilled but want to avoid ETH gas fees? In this #FrenchChart we'll break down the best way to earn yield on $CRV outside of ETH L1!