I am happy to share my first🧵on how I invested with a bag under 10k to achieve growth and minimize fluctuations in the market. The bulk of my strategy relies on $LQDR, @LiquidDriver’s #LQDRv3 on #FTM. This strategy works for me, it is NFA. Let’s dive in (0/10)
2/ I started with 4K in $FTM. Used 1K @spiritswap to deposit into LQDR/FTM LP and deposited on @LiquidDriver for approx 100% APR it may be larger according to the latest alpha:



I harvest the $LQDR monthly (but you can do this daily if you wish)
3/ I also bought 1K in $LQDR to lock as $xLQDR for two years. This earns another 90-100% APR from the @LiquidDriver revenue sharing vault (breakdown in screenshot). If you’re weary about locking for two years, a new product #FNFTs will allow you to lock your xLQDR as an NFT… 3/
4/ The #FNFT will allow you to earn the revenue from $xLQDR minus 1% while keeping your position liquid (as it can be sold on NFT markets such as @paintswap).

I also harvest my $xLQDR rewards monthly and compound the all $LQDR earned from farm and xLQDR back into xLQDR.
5/ Earned linspirit is staked on liquiddriver.finance/linspirit to earn $spirit. These rewards are compounded monthly by swapping $spirit to $linspirit using @beethoven_x

Earned $beets are locked as $fbeets and used to earn bribes for #pirateparty votes

Earned $boo is locked as $xboo
6/ Soon $xLQDR vaults will benefit from shadow farms which will bring even more value to $xLQDR holders. Check out the thread from team member @hoemcrypto below for a solid explanation.

7/ To hedge against choppy markets the remainder is farming with stables. My favorite strategy is to supply $MIM on @HundredFinance. I supplied 1k $MIM for $hMIM. The $hMIM is staked on @LiquidDriver for ~10% APR. Reward HND is swapped for liHND and staked on @LiquidDriver.
8/ As you can probably tell from the previous messages my strategy relies heavily on @LiquidDriver. As much as I trust this protocol, I believe it’s still a good idea to hedge even further. I achieve this by going outside the #ftm ecosystem to use @anchor_protocol on #terra.
9/ I bought 1k in $UST using the crypto .com and transferred the funds to a #terra compatible wallet such as #xdefi. I was then able to deposit the UST on anchor for at 19.5% yield.
10/ Next steps, explore:

1. Riskier leverage farming (ie. @ImpermaxFinance)
2.@Onering_Finance to diversify stable yield farming across the #ftm network.

Thank you for reading!

P.S. If you need help with any of the @liquiddriver strategies the discord is great place to start!

• • •

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

Keep Current with CryptoRx 🧊🧙‍♂️👻🏴‍☠️

CryptoRx 🧊🧙‍♂️👻🏴‍☠️ 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!

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

Don't want to be a Premium member but still want to support us?

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!

:(