You might be wondering why I still recommend using Huma even tho I advise against farming S2s ?!
Everyone should hold a bag of stablecoins
Instead of just keeping them in your wallet, you can earn a 10% yield (one of the highest in crypto) leading to many more REWARDS
All you need to do to be eligible is to deposit USDC and earn a 10% yield
As usual you earn feathers:
Classic Mode = 10% APY + Up to 11x Feathers
Maxi Mode = Up to 19x Feathers
Why could S1 be bigger? The allocation is just a bit lower but with much fewer people farming
Just today, the pools to deposit USDC on Huma opened again with a 24h early access for OGs and Vanguards
If you don't own these badges, you can deposit tomorrow, July 14, or buy m/PST in the open market (Jupiter)
But how do you get these badges and what are the benefits?
Qualifications for OG LP badge:
Participated in Huma Institutional
Have $100 in liquidity across Huma products
Qualifications for Vanguard badge (up to 20% APY in the future):
Staked 100% of Airdrop
Stake ≥100,000 $HUMA to get on track
Why should you stake HUMA?
Staking HUMA earns you the Vanguard badge which comes with additional benefits
You will also receive staking rewards (will be distributed retroactively in the future)
Most importantly you gain more feathers (NOW: 10x !!) and a larger S1 Airdrop
Huma will distribute an additional 0.125% of their total supply to Kaito Yappers 3 months after the TGE (Sep.)
0.125% is equal to $500,000, making it one of the most rewarding post-TGE protocols on Kaito
Last time, the top ~500 Yappers received rewards
TL;DR - There are plenty of rewards at Huma:
Deposit USDC to earn feathers and 10% yield
Stake HUMA to earn staking rewards and 10x feathers
Get Vanguard badge for more benefits
Create content about Huma for Kaito rewards
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