After ShyUSD and hyUSD, @RateX_Dex has also added xSOL from Hylo
xSOL is a supercharged version of SOL, offering 2–4x the gains (or losses) without the risk of liquidation
xSOL also gets the most points on Hylo with a 20x multiplier
RateX has the following 3 markets again:
YT-xSOL-2511
Hardcore maximize Points by leverage (YT will reach zero at maturity)
xSOL-2511
Liquidity providing (25x Hylo and 3x RateX multiplier) FULL
PT-xSOL-2511
Give up all points but enjoy fixed APY of 46%
Ofc the best option would be xSOL-2511 (LP)
You'll get a 25x Hylo and a 3x RateX multiplier, plus a 50% APY (which will decrease over time). Unfortunately, the deposit cap of 500K SOL was reached yesterday within a few h
Make sure to check in daily in case they reopen the pool
The second-best option is PT-xSOL-2511
With this token, you forfeit your Hylo points but gain an incredible fixed yield of 47% while enjoying double exposure to SOL (via small leverage)
On top you can farm RateX's Airdrop with a 3x multiplier
If you're extremely bullish on Hylo's Airdrop, you can farm on steroids with YT-xSOL-2511
This gives you a 250x multiplier! You'll climb the leaderboard in no time
One thing: YT-xSOL-2511 will go to zero at maturity. So, you're paying for points
So what strategy should you choose?
YT-xSOL-2511 if you're hyperbullish on Hylo's Airdrop and don't care if your funds go to zero
PT-xSOL-2511 if you just want to have the highest yield on SOL
xSOL-2511 if you want to have exposure to both Hylo points and APY
How to start?
Buy xSOL
Deposit on RateX (https://app.rate-x.io/referral?ref=tOIqfame)
To ensure that you can safely and quickly enjoy Solana DeFi, use Solflare Wallet!
Download now → https://www.solflare.com/ (Available on Android, IOS, Browser extensions)
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