Delta Neutral Strategy I'm using currently to make triple digit yields
Hello again degens, thought today I’ll share a strategy I’m using these days to do two things in one:
Farm airdrops
Make some extra cash flow which I’ll end up using on some upcoming tokens I want to buy
What is it?
It takes advantage of a few token-less protocols that haven’t yet announced any airdrop or token.
The strategy involves staking some of the most popular assets for staking yields and airdrops. We’ve seen a wide variety of these assets including Injective (INJ), Celestia (TIA), Sei (SEI), Sui (SUI), Pyth (PYTH) & Atom (ATOM). These are some of the most popular assets to stake right now because of the vast amount of airdrops we’ve seen recently. It’s often as simple as just buying some of these assets, staking them on their native platforms and enjoying the yield + the airdrops that keep coming and coming.
Here are some of the examples of recent airdrops theses takers have earned:
Dymension, Alt Layer and Manta are a few of many with many more to come.
Farming these can be capital inefficient, you have to often hold these tokens which itself has capital risks but then compound that with having to lock tokens up including staking where at times you cannot withdraw for upto 14 days due to lock schedules. This ultimately can cause massive capital shifts if prices were to fall like they have been in the last week or so.
Is there a way you can be what we call ‘delta neutral’ but still get some of these airdrops?
Let me show you how!
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