Hey anon, this week we present you Wagame #Polygon #yield & #airdrop ๐ช strategy
We prepared a walkthrough guide (think of it as a quest)
We grouped the projects into categories - don't skip a category - but you can skip/select projects according to your liking. ๐งต๐
We recommend only using a products/projects which you would use regardless if they dropped you free Tokens later
While we already tried to preselect for Wagame #Polygon strategy only probably safe, useful and yield generating Dapps (w/out Token ๐) - remember โ ๏ธNFA, DYORโ ๏ธ
#Polygon strategy Dapp categories:
๐ฑ DEX/AMM
๐ฐ Lending/Borrowing
๐ธ DCA in/out
๐ Portfolio
๐จโ๐พ LP farming
๐ค Automated Strategy
๐ฑ DEX/AMM
During this #quest you will probably need to swap to the desired Tokens needed, we recommend to use the following DEX/AMM aggregators (you will very likely get best prices ๐ as well ๐)
@zerion_io
@zapper_fi
@SlingshotCrypto
@matchaxyz
๐ฐ Lending/Borrowing
1โฃ #quest - Deposit Tokens as collateral โ ๏ธ select only Tokens you're very certain to perform well and are the least volatile to avoid liquidation โ ๏ธ we would go for a mix of stable assets and #ETH, #Matic, #WBTC
2โฃ #quest - Borrow Tokens (we will use'em later in this strategy)
โ ๏ธ the Tokens you borrow should be stable or worst performing assets to avoid liquidation and for repayment of the loan โ ๏ธ
๐ฐ Lending/Borrowing
@market_xyz ๐ polygon.market.xyz
Jarvis Forex Market - TVL $2.2 MM
Deposit $MAI (stablecoin from @QiDaoProtocol) at 1.62% APY and borrow $JEUR, $JCAD, $JGBP or other national currencies (issued by @Jarvis_Network) to basically short those
๐ฐ Lending/Borrowing
@market_xyz ๐ polygon.market.xyz
Green Leverage Locker - TVL $1.2 MM
Deposit $MAI (stablecoin from @QiDaoProtocol) at 12.57% APY
(different rate the before because these are isolated markets)
Borrow $DAI at -9.79% APY and pocket the difference.
๐ฐ Lending/Borrowing
@0vixProtocol - app.0vix.com - TVL is $1.2 MM
Now use the $DAI borrowed in the previous step and deposit on #0VIX at 6.45% APY, then borrow $USDC at -4.11% APY and pocket the difference. Borrow limit >90% since both stablecoins
๐ฐ Lending/Borrowing @AtlendisLabs ๐ธ app.atlendis.io - TVL $800k
Lend to institutional borrowers and trusted Dapps (WL only) which can take advantage of uncollateralized loans. Higher APYs then on overcollateralized lending but riskier โ ๏ธ
๐ฐ Lending/Borrowing
@rocifi โก๏ธ roci.fi/app
Connect your best DeFi wallet and mint credit score #NFCS - depending on the score get under-collateralized loans ๐คฏ
๐จQuests live:
๐ฐ Lending/Borrowing
@TimeswapLabs โณ app.timeswap.io
Borrow $USDC for as little as -0.17% APR, by providing $MATIC, then swap for $MAI and deposit at 12.57% APY on market.xyz
No liquidation, but loan has to be repaid in full on maturity! โ ๏ธ
๐ฐ Lending/Borrowing
Use the borrowed funds to re-invest into following Dapps ๐งต๐
โ ๏ธ You will need to repay the borrowed funds! Every Dapp bears some risk and those presented in this thread are in beta stage! Adding multiple layers equals extra risk! NFA & DYOR โ ๏ธ
๐ธ DCA in/out
@SymphonyFinance ๐ฑ+ ๐ง๐ผโ๐พ = ๐ต app.symphony.finance
Use limit orders to buy/sell $ETH, $WBTC at your desired price - you can even set a stoploss to protect your position and your assets continue to earn yield until the order gets executed ๐คฏ
๐ธ DCA in/out
@mean_fi - mean.finance
Dollar-cost-average every 4 hours, daily or weekly, yield will be implemented soon โข๏ธ but montly DCA option still missing...
โ
viable also for small ๐ธ thanks to low gasfees on #Polygon
๐ Portfolio
@NestedFi - ongoing #airdrop ๐
๐ช min. Portfolio value $20
๐ช Portfolios on multiple chains/#L2 = higher rewards
๐ช Rebalancing/active managing = higher rewards
๐ Portfolio
@tokensets ๐ Managed Portfolio
Acquire Wagame Tokenset Index on Polygon ๐
๐ค can be bougth for $10
๐ค 0 fees (only gas), 0 comission
โ
Long $MATIC, $USDC hedge, slightly short $BTC
๐ Portfolio
@DeFiBasketLabs - defibasket.org/create
Create your own portfolio in a single TX via easy UI:
โ
buy multiple tokens
โ
deposit into a money market
โ
deposit into a pool + stake LP tokens
โ
#Aave #Balancer @harvest_finance @autofarmnetwork
๐จโ๐พ LP farming
@SwaapFinance - beta.swaap.finance
Thanks to novel market neutral AMM design LP positions never get rebalanced - contrary to trad. Pool2 AMMs or #Uniswap v3
no IL (impermanent loss) - LP position equals single tokens ๐คฏ
๐จโ๐พ LP farming
@ArrakisFinance โจ beta.arrakis.finance - TVL $1.5 Billion
Making profits as a liquidity provider on #Uniswap v3 is quite difficult, estimated >50% of LPs actually loose money!
๐ Deposit into incentivized Arrakis vaults (automated LP strategies for UNI v3 ๐ฆ)
๐ค Automated Strategy
@torosfinance - toros.finance - TVL $6.6 MM
One-click automated strategies built on top of @dHedgeOrg
Particularly interesting is the USD Market Neutral Yield Strategy