Thread by @DU09BTC

1/ Here are my best #DEFI yield farms, no scams, just real underlying value!

Over 100% APY is possible while you hold on to sexy coins. ❤

Let's start with low-fee chains, then end with #ETH DEFI farms.

Recommended liquidity pools are below. 👇

P.S. I also highlight the risks

2/

1️⃣ Provide liquidity on Spectrum [#Terra chain]

⚠️ Fees: Vary from $0.20 to $1.6 but is generally very cheap to use Terra chain.

Why Spectrum and not Anchor/Astroport?

It can auto-compound your profits = more profits!

Liquidity Pools (LP) I recommend, next tweet 👇

3/

➡️ ANC/UST - 50% to 200% APY

LP + ANC + ASTRO + SPEC rewards. Rewards are inflationary + watch for impermanent loss (IL)!

➡️ SPEC/UST - 50% to 100% APY

LP + SPEC rewards. Inflationary + IL

➡️ bLuna/Luna - 8% to 10% APY

LP + ASTRO rewards. No IL as a bonus! Next 👇

4/

#Luna/#ANC are great holds long term. Why not gain over 100% APY on them while you hold?

🎯 BONUS: Get 20% APY on #UST deposits on @anchor_protocol! APY may change later on, but this is the best for stablecoins.

Now let's go to the next chain. 👇

5/

2⃣ Provide liquidity on StellarX DEX [#XLM chain]

⚠️ Fees: Near 0 fees to transact, swap, get in and out. Hold proven coins like XLM.

See next tweet for the best liquidity pools I recommend 👇

6/

➡️ XLM/Aqua - 40% to 100% APY

LP & AQUA rewards. AQUA is inflationary + IL

➡️ XLM/USDC - 5% to 10% APY

LP & AQUA rewards. Watch for IL

➡️ XLM/yXLM - 5% to 10% APY

LP & AQUA rewards + 5% on yXLM (paid daily). No IL!

#XLM is a great hold long term. Next chain 👇

7/

3⃣ Provide liquidity on PancakeSwap [#Binance chain]

⚠️ Fees: Under $1, but generally very cheap to use BNB chain.

🎯 You can also auto-compound rewards! Not bad eh? More profits for you!

Next, the LP I recommend 👇

8/

➡️ BUSD/BNB - 20% to 30% APY

LP + CAKE rewards. Watch for IL!

➡️ CAKE/BNB - 40% to 100%

LP + CAKE rewards. Inflationary + IL!

➡️ CAKE stacking - 60% to 80% APY

CAKE is highly inflationary (no max supply limit, don't #HODL).

BNB is a great hold!

ETH chain next 👇

9/

4⃣ Provide liquidity on #ETH network

⚠️Fees: HIGH from $20 to $200 to transact / swap / deposit LP. Depends on network congestion.

This is for investments of $2k and above, otherwise, fees will kill you.

Let's look at some sexy pools next 👇

10/

➡️ FLX/USDC - 200% to 300% APY

Deposit on Uniswap then stack your LP on Flux. Watch for IL!

➡️ LQTY stacking - 20% to 40% APY

#LUSD/ETH rewards. Buy LQTY on Uniswap & stack it on Liquity

➡️ DAI/ETH - 10% to 20% APY

LP rewards. Deposit on Uniswap. Watch IL!

More 👇

11/

#FLX and #LQTY are great holds long term and their current price is VERY juicy.

LQTY rewards are in both #LUSD (like UST) and ETH!

There are many LP with under 20% APY for stablecoins, but Anchor's 20% APY on UST is the best right now.

Things to watch out for 👇

12/

There are many shitcoins with high APY LPs. Watch out for inflationary coins used as rewards!

⚠️While APY is high, the reward coin value can drop 95% over time!

No cap on maximum supply = RUN AWAY / Dump rewards.

Examples include #CAKE, #OHM, #BTRFLY, #TIME.

Next 👇

13/

➡️ If you liked this thread and want more in the future, hit a like, retweet, and follow!

Also, join my crypto community (YCC) to learn more!

I appreciate it! ❤ 👇

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