Step 1:
Visit Fragmetric https://app.fragmetric.xyz/referral?ref=HTRMGL…
Restake SOL (or jitoSOL) for fragSOL
Holding fragSOL would normally give you exposure to the Fragmetric Airdrop. We forego the points in the next step for a higher APY
Step 2:
Invest fragSOL for PT-fragSOL for 18% APY + Exponent Airdrop
By this step, you receive a fixed yield in exchange for foregoing all underlying yields/points (Fragmetric). You also see how much SOL you can redeem at maturity
Step 3:
Visit Drift https://app.drift.trade/earn/borrow-lend…
Deposit PT-fragSOL
You also farm the next Drift Airdrop called FUEL (10 FUEL for every $1 deposited for 28 days (markets with an Active Booster only)
Step 4:
Borrow JitoSOL for just 1.23% APR (no liquidation price)
Also borrowing lets you earn FUEL (10 FUEL for every $1 borrowed for 28 days (markets with an Active Booster only)
Loop:
Use your borrowed JitoSOL and start the whole process again on Fragmetric
One thing you need to keep in mind is your health on Drift (watch out that it doesn't go too low)
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
