Visit https://app.fragmetric.xyz/referral?ref=HTRMGL… (use Backpack wallet for points boost)
Restake SOL, jitoSOL, etc. for fragSOL (get APY of 8%)
Go to 'Wrap' and wrap your fragSOL for wfragSOL (so you can use it in DeFi)
There are three different strategies you can use now with wfragSOL on Loopscale
I will tell you which one is the best!
First, visit https://loop.sl/i/SAWc5 (Code: SAWc5)
1) Lending wfragSOL through Vault (easy)
Lending through the vault is the simplest strategy and doesn't require additional monitoring
Additionally, you earn an APY of 0.6%, boosting your total APY to 8.6%. You also receive a 3x multiplier for Loopscale and Fragmetric points
2) Loop wfragSOL (watch out!)
You can loop wfragSOL for an APY of up to 18%. However, this requires additional monitoring as there's a risk of liquidation
Currently, the pool is almost full
This strategy gives an additional 3x multiplier for Fragmetric and 2x for Loopscale
3) Lend wfragSOL through Advanced Lending
Order book lending against collateral (which you can choose) is less risky than looping
The market APY is currently 3%, and you receive a 3x multiplier on your Fragmetric points, as well as a 4x multiplier for Loopscale!!
This collab offers on of the best farming strategies, allowing you to earn an APY simply by holding restaked SOL
tl;dr:
Easiest: lend wfragSOL through vault
Higher APY without huge risk: Advanced lending
Highest APY: Loop it (be quick)
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)
Hold strong with the most powerful wallet on Solana
