kitty no brain

I would highly suggest anyone set a price alert for $SOL or the collateral ratio on Hylo’s risk dashboard if you deposit into Loopscale’s hyUSD one vault.

If $SOL drops by 30% suddenly, you messed up. Because the loan is mainly for looping $sHYUSD, which also functions as an insurance fund to $xSOL.

But the good thing is there is no cooldown period for redeeming $sHYUSD, so you can build some tools to monitor it and redeem ASAP once the price drops instantly.

How I’m Farming @onrefinance Points Aggressively

I’m farming @onrefinance points on Solana these days aggressively.

My setup:
👉 6x points + leverage
Loop 2x on @Kamino using ONyc/USDG Multiply

(note: only the USDG market gets 6x points, tho the yield of USDC market is higher due to a lower borrowing rate)

👉 5x points + ~180x exposure
Buy YT-ONyc on @ExponentFinance

Why this is aggressive:

Kamino Multiply: You get leveraged exposure to ONyc at max 2x. Risks mainly come from ONyc NAV drawdowns or interest rate volatility (which Kamino vaults manage relatively well). Additionally, Kamino is subsidizing borrowers, thereby boosting its net yield.

YT strategy: YT value trends to 0 as maturity approaches. You’re effectively burning YT to front-load ~180x exposure to ONyc rewards.
These are the fastest ways to climb the @onrefinance points leaderboard.

If you want lower risk, you can stick to lending or LPing, which also brings gud yield and better principal protection.

You can check all the points boosting strategies on their website: https://app.onre.finance/earn/defi

Another $JLP delta-neutral strategy is heading to TGE… but on BNB Chain: @UnitasLabs

Ticker: $UP
Valuation: $5M
Total points issued (as of Jan 12): 64B
Tokenomics: not yet disclosed

Back-of-the-envelope airdrop math 👇
- 5% airdrop to farmers → ~$0.04 per 1k points
- 10% airdrop to farmers → ~$0.08 per 1k points
- 20% airdrop to farmers → ~$0.16 per 1k points

Seems the ROI of points farming is less attractive, better join the binance wallet campaign directly.

#unitas #ALPHA

The $UP token of Unitas Labs will be listed on the BNB Chain via Binance TGE, with an initial valuation of 5 million USD, adopting a JLP-like neutral hedging strategy to hedge asset exposure and generate relatively stable returns for the USDu stablecoin.

Based on the 64 billion points already distributed (as of January 12) and the yet-to-be-fully-revealed token economics, the estimated airdrop value is as follows:

- If the airdrop portion accounts for only 5% → approximately $0.04 per 1,000 points
- If the airdrop portion accounts for 20% → approximately $0.16 per 1,000 points
(These calculations are based on a total supply of 1 billion tokens, with an initial token price of approximately $0.005 per token)

Author's recommendation:
Rather than continue focusing solely on point mining, it is advisable to concentrate efforts on the ongoing Binance Wallet Alpha Points campaign, as the potential returns from completing alpha tasks are significantly more attractive, while the airdrop value from mining points is relatively low.

#unitas #空投 #ALPHA