You want to hold $FTM but also would like to avoid severe market fluctuations, you want to hold onto the treasure chest you have gathered?

A dive into some of the best FTM/STABLE yields and HOW it can provide you with passive income.

THREAD 🏴‍☠️ 0/9:
1: FTM/STABLE LP’s, these can help you balance your portfolio and farming strategy….

How? Let’s put this into context…

If you provide $500 into FTM and $500 into a STABLE (MIM, USDC, DAI, etc.) and $FTM price dropped from $3 to $2 then you would only lose $167, whereas if…
… you held onto $1000 of only $FTM and it dropped from $3 to $2 you would instead lose $335, so you can see how provided liquidity into a $FTM/STABLE pool can reduce the affect of a fluctuating market, note this would have the same affect when going up in price
2: But providing liquidity into a farm is going to come with BIG rewards that are paid to you… passive income, which you do not get for just holding $FTM in your wallet, this may let you sleep better on those red days, and stay comfortable in those green
3: Now let’s find where we can get that big %APR… There is a reason why I shill @LiquidDriver and it is because their farms provide some of the best %APR when compared to the same farms on @SpookySwap and @Spirit_Swap
4: Now you have found the treasure that @LiquidDriver provides and understand the LP you are providing let’s take note of the exact differences they currently have whilst I am composing this thread….
5:
@LiquidDriver @Spirit_Swap
FTM/fUSDT: 113% APR 61.87%
FTM/USDC: 117% APR 62.22%
MIM/FTM: 133% APR 61.77%

Average: 121% vs 62%
6:
@LiquidDriver @SpookySwap
USDC/FTM: 117% APR 68.08%
DAI/FTM: 117% APR 52.48%
fUSDT/FTM: 129% APR 61.45%
MIM/FTM: 125% APR 74.35%

Average: 122% vs 64%
7: Liquid Driver providing the best bang for buck… $LQDR,
NOW, let’s take our $1000 LP and run some calculations
@LiquidDriver = $1210 a year
vs
@Spirit_Swap = $620 a year

@LiquidDriver = $1220 a year
vs
@SpookySwap = $640 a year
8: If I haven’t made it clear enough yet anon, take your LP to @LiquidDriver and stake it there! This is where you are going to get the best returns from your treasure, and staking your $FTM with a coin that is pegged to $1 may let you sleep easier during ups and downs
9: What is even more bullish is that Trading fee APR (which is calculated into all the above APRs will fly when trades are being made through the above exchanges when big players are coming to $FTM and liquidity is flowing!) Check out @Richeybai tweets regarding this below:
10: Stay BULLISH and sleep EASY anon zzz, start stacking up that treasure chest pirate!

Will try my best to reply to you ALL in time!

Appreciate any share, like, and comment I get, this community is unlike any other!

Non financial advice 👀

$LQDR, $FTM, $SPIRIT, $BOO
FYI, getting questions regarding impermanent loss… always do your own research and do not follow anyone BLINDLY, I’ve linked this previously in other posts for education but here it is again:

academy.binance.com/en/articles/im…
And a calculator for you to work it out:

defiyield.app/advanced-imper…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with hoeem (🏴‍☠️,🏴‍☠️) defi

hoeem (🏴‍☠️,🏴‍☠️) defi Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @hoemcrypto

Jan 15,
Do you know the power of compounding?

Let’s say you find a farm that is paying 150% APR (plenty of those @LiquidDriver if you’re looking anon 😏)

How much APY do you think it would it be if you compounded daily?
DON’T CHEAT AND LOOK, ANSWER FIRST ANON
If you compounded MONTHLY (you lazy degen) it would be 311% APY
Read 5 tweets
Jan 15,
Ahoy pirates,
Let’s get ready for the next leg up where I see $SPIRIT making huge waves, one way to do this and take advantage is through @LiquidDriver farming system is to get yourself some xLQDR, if you’ve been following me for a while you’ll have a bag already.

Thread 🏴‍☠️ 0/5:
1: Stake your LQDR as xLQDR for maximum lock up of 2 years, this way you’ll maximise your $linSpirit returns!
2: Convert ALL other rewards to $SPIRIT using @beethoven_x or @Spirit_Swap, let’s ACUUUUUMULATE that $SPIRIT
Read 7 tweets
Jan 13,
Hello Anon,

You are seeing a lot about DeFi and how amazing it is on $FTM, you want to get involved but you have no idea how?

Here is your comprehensive beginners guide to get into $FTM blockchain and DeFi:

(Share this to help a friend)

‼️BEGINNERS step-by-step GUIDE‼️ 0/8:
So you’re scrolling twitter and you see $LQDR that, $SPIRIT this, LP that, APR this, x10 that, yields on yields, (3,3), locking up, APY, swapping, DEX, degen, bridge that, farming this, and you want to get involved, you’d be stupid not to, so let’s break it down.
Just before we start I want to let you know that I’ll pin this tweet to my profile to help bring new people into DeFi on $FTM.
Read 22 tweets
Jan 12,
What are @AndreCronjeTech and @danielesesta building on $FTM, how is it going to benefit you?

I've seen A LOT of people think ve(3,3) token will be airdropped to your wallet for holding the top 20 TVL projects, this isn't the case... It is bullish af tho
$FTM $LQDR

THREAD 0/8:
1: ve(3,3) looks to given to the top protocols on $FTM, I really hope that you hold these and remain to do so as this is how I expect ve(3,3) to go down...
2: This is going to allow protocols to battle each other for governance power putting all the TOP projects on $FTM in a competition for the emissions this protocol can make...
Read 11 tweets
Jan 11,
OKAY! Listen up anon, here is a little thread for you pirates holding xLQDR and some strategies you can deploy to make YOURSELF HUGE, passive income.

$LQDR $FTM

From the poll I released earlier the majority own 0-500 $LQDR (I really hope it is not zero anon)

THREAD 0/17:
1: Let’s pretend our portfolio is composed of 500 LQDR… I know APR’s change, price changes, and strategies change, but to make this simple let us freeze the APR and PRICE right at this moment to calculate OUR strategy… it is looking very lucrative… (non financial advice)
2: Right now your 500 LQDR will be worth $11850, with an APR producing you:

22.82% LQDR
1.31% WFTM
63.14% LINSPIRIT
16.64% BOO
1.29% SPELL
6.95% BEETS

112.18% APR
Read 19 tweets
Jan 10,
INCOMING 🚨 🚨

THE FIRST BRIBE IS COMING TO @LiquidDriver $LQDR ALL THANKS TO $SPIRIT WARS…
The incoming @fraxfinance and their algorithmically backed stable coin $FRAX

A look into the first LQDR bribe and why LQDR is a main player in the ecosystem…

THREAD 0/7:
1: First off all, what the frick is a bribe?

The bribe is a way that a protocol can drive liquidity into their protocol via LQDR directing emissions into @fraxfinance boosted farms on @Spirit_Swap, around 5-8m spirit votes
2: in return for voting to boost their farms FRAX will pay LQDR (bribe) them to do so, this is a W for xLQDR holders a W for LQDR to work with the amazing @fraxfinance team
Read 13 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(