→ The problem: With LP positions, you earn fees, but your funds remain otherwise unused

→ The solution: On Loopscale, you can use your Orca LP position as collateral to borrow additional funds

Eg. I use the borrowed funds to farm Hylo and Huma on top

Here how it works:

Now you can see which Orca pools are eligible to borrow against. Make sure you choose the right ones (%)

For my FART-SOL LP position, I can borrow a maximum of 30% (at 25% health)

What does "health" mean? The more you borrow, the closer you get to the liquidation price. In my case, I would be liquidated if my LP position loses 25% in value

Of course, there is a small interest rate, which is likely less than what you earn with the LP position

Once you've borrowed, you can manage your position:

Borrow more, repay, refinance, or even adjust your LP position on Orca

I'm heading to Hylo (Code FABIANO) to farm another Airdrop

I mint and stake hyUSD to earn an APY of over 20%

The daily yield from Hylo already exceeds the interest I pay on Loopscale (W)

This is probably one of the most advanced DeFi strategies:

  • Earning through LP position

  • Borrow funds and farm Loopscale Airdrop (8.6K P. per $1K)

  • Use funds to farm Hylo (another Airdrop) and outperform interest with yield

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

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