Farming Airdrops had their limits This changed with yield exchanges like

where you can leverage airdrops, stack and farm yields

A market always consists of 3 underlying tokens (YT, LP, PT). But what do they mean?

  • YT-fragSOL: Farm Yield and Airdrop(s). It's basically leverage trading just that the token will go to zero at maturity

  • fragSOL: LP token for the yield exchange and gets rewarded with fees

  • PT-fragSOL: Give up the points for a fixed yield

YT-tokens can give you an insane amount of points in just a short time

The $10K YT-fragSOL I bought will give me almost 40M Points until maturity (Jul. 10) + Yield of $2,943 (may change)

The downside? My investment will go to literally ZERO (+ Snapshot could happen earlier)

So you're maybe asking yourself why did I do that?

It's definitely a gamble, BUT:

If I get 40M points until TGE I could easily make an 1.5x-3x from my investment

What if Fragmetric fails?

You never have a 100% guarantee but what many people forget is that you also max farm the upcoming SWTCH Airdrop (+ PING) which should be this year

On top you have the underlying yield which could offset around 20-30% of your investment

But what if the snapshot happens earlier? There is a Binance event (collab) ending on July 4. So until then, we're good

What if more people are doing this and dilute points? The later they join, the fewer points they can make

Okay, so here's how it works

If you visit Exponent, go to the farm and select fragSOL

Choose the farmer mode for a better overview

Currently, 1 fragSOL = 73 YT (73x leverage). Each YT earns 327 pts/day, so with 10 fragSOL, you receive around 240,000 pts/day

Within a few days you can be in the top 1%

P.S. You can do the same thing with fragBTC (zBTC)

It gives you fewer points but more yield, which you could compound to farm more points

I think fragBTC has a higher yield on RateX though

Ps. 2 I don't compound the yield to farm more points...

I claim my fragSOL (yield), wrap it and put it on @LoopscaleLabs to minimize the risk

This way I farm one more Airdrop and still get a 3x Multiplier for Fragmetric

This strategy is like betting on the airdrop without confirmed details (very risky)

To succeed, the snapshot shouldn't be tomorrow, Fragmetric must have a minimum airdrop allocation of 10%, and FRAG should reach a $300-400M FDV

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