Insightful Insiders Premium #11 - Jobs Not Finished
September 17th, 2024

1/ Liquidium

Edge is found in the area less explored and unfamiliar to the majority

The BTC ecosystem has ton of ripe airdrop farming opportunities if you know where to look

@LiquidiumFi currently only has 4.2K ranked users

How you can farm and position yourself for an airdrop:

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Background/Context

LiquidiumFi is a lending / borrowing platform on bitcoin where you can use ordinals as collateral to borrow/lend BTC or lend out your BTC for loans

Raised $1.25M in seed round

Doc indicate "aims to evolve into a decentralized protocol"

There are 2 core interaction types you can do to position yourself for an airdrop from Liquidium

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1/ Borrow

Borrow BTC by providing your inscription/ordinal as collateral

Failure to repay the loan in time results in a default thus you will lose your ordinal to the lender

2/ Lending

Earn interest on your BTC by lending it out

Borrowers provide inscriptions as collateral

Upon repayment, you receive your BTC and interest

If the borrower fails to repay, you will receive the collateral instead

How does it work?

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You compete to place the highest/most appealing offer for a specific collection

Editing or removing your offer costs no gas/txn fees

Someone accepts your offer you then have 12 hrs to process a txn to confirm the offer and terms

Farming Alpha/tips

- don't pick meme/joke or high volatility collections

- pick a collection you wouldn't mind having the ordinal of if the borrower doesn't end up paying back their loan

- use the @XverseApp wallet for 1.5X boost in points

- Make sure there is a 20-30% price difference/ buffer between the highest offer and the current floor so you have some flexibility in case the ordinals value goes down during the term of the load (most terms are ~1 week long)

- go into settings to and set up the Telegram bot integration, this will let you know when someone accepts your offer so you can accept it on time, the status of your loan such as how much time is left or if it was paid off or not

- look for a LTV % of at least 60% = more stable

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My strategy

I don't want to hold Ordinals as they are fairly illiquid like NFTs

I opt to lend out my BTC on collections with a high demand / consistent volume and floor price in case someone defaults on the load and I'm stuck with that ordinal

RCIS, Bitmaps, Runestones, Prometheans, frucks, ect

Basically, collections that are within the top 10ish for weekly volume on Magic Eden

you will earn 1000 points for every 0.01 BTC you lend out in a successful txn

there are only ~4.2k ranked users on the leaderboard

with a fresh account of around 2k points im already ranked ~3k

If the airdrop is not heavily linear then this could be a pretty juicy airdrop

Confluence

@wronguser000 is bullish and actively farming it (I can't find his tweet about it currently)

As well as other savy BTC / ordinals users that I know

Enough said

Analytics dashboard also looks bullish based on KPIs

Future improvements

  • more wallet support

  • support for Runes (beta currently live) and BRC-20 tokens instead of just Ordinals

  • OTC loans (new): offer on inscriptions with custom terms

As liquidium expands there is potential here that it platform will become the "AAVE for BTC"

Image You can get started to day by using the ref code below

2/ New Airdrop Checker Tool

By the same dev as L2 marathon which was a popular farming tool which was a popular farming platform back in the day for minting and bridging NFT and tokens https://x.com/L2Marathon

He reached out to me and I've checked out the airdrop checker tool that he made and its better than competitors like earndrop.io and bankless (see comparative images using CC2’s wallet address as an example) airdrop hunt is the first image

Airdrop Hunt UI

Bankless Airdrop checker The way it works:

Input a wallet see if its eligible for an airdrop you have to "watch" that wallet to see what airdrops its eligible for

you get 3 "watches" with the free account and then theres a premium version that lets you watch up to 50 wallets you can then also connect your Telegram account to get updates and alerts, you signin in with your TG account acts as your account

Caveat here is that it will still show you have an available airdrop even if you have already claimed it, I’ve mentioned this to the dev and hes working on changing this

New chains and features like BTC related airdrop will be added in the future as well, which is something I havent seen from any other competitors as well

You can check it out here if you guys are interested (this is a ref link):

3/ Rivo

TLDR - Easier way to participate in defi applications and positions

currently under farmed cause its fairly boring and not massive funding behind (but still decent)

The way I'm playing it is depositing $500 worth into one of the stablecoin related strategies, if you have at least $500 worth for 14 days then you can get the founders NFT (only 500) total, After 1-2 months I will reassess, but I view this is as a low cost liquidity farm

Image What is a Rivo? A smart contract wallet is offered by Rivo in the DeFi yield market

Their goal is to provide an easy-to-use portal that allows users to safely and independently access top wealth-building opportunities in DeFi.

Setting Since its debut, Rivo has amassed over 3,000 unique users and over $1 million in total volume. The project is collaborating with other leading projects, like pendle_fi, @GearboxProtocol, @GMX_IO, @TraderJoe_xyz, and @BenqiFinance, in order to grow its ecosystem. (@ used are the projects twitter handles.

Image How to get points for Rivo:

1/ Get 1 point every 24 hours for each dollar you invest in the Rivo Yield Marketplace.

2/ Earn 0.1 points through swaps for each dollar of volume completed on the Rivo platform.

Image Every defi strategy provides an in-depth analysis of: accounts, yield system, advantages and disadvantages, LP breakdown, risk, and audits in addition to a one-click invest feature in the upper right corner that makes it simple for you to convert into the necessary assets from a variety of supported chains.

How to increase your points:

1/ Refer a friend to receive an extra 8% of their points.

2/ Holding the Rivo Founding Club NFT entitles you to an increment of 10%.

3/ Finish the additional assignments.

4/ Take part in Zealy's Content Creators campaign.

Image Welcome drop Rivo allocated welcome points drop for active users and token holders of 30+ blue-chip DeFi projects. This early points period only available for the first 14 days You can get started by visiting the points page here:

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