As a top 400 trader on the @Lighter_xyz leaderboard, I decided to take an extra gamble on lighter. But here's the catch: I am borrowing USDC for free and trading here to get MORE POINTS. Here’s how do it without selling a single $ETH 👇
🔁 Step 1 — Borrow against ETH I deposit 10 $ETH into @zendfionbase and borrow about $25,000 USDC. Because ZendFi uses fixed-term loans, I know my cost up front And I can borrow this USDC for 1 year MAX without liquidation.
💸 Step 3 — Trade to get points. I trade with more capital to get more points :) Right now, I am long on $BERA and $ZEC.
Why is this a good strategy? 1. If ETH rallies, I keep that upside. 2. If TGE explodes, I’m positioned early with points and yield compounding. 3. And if the market chops? My cost is already covered by real yield.
💡 TL;DR 1. Borrow $25K USDC on @ZendFi 2. Deposit 20K for yield to take care of borrowing cost 3. Use the rest to trade more to get more points. Capital efficiency + airdrop meta = peak DeFi loop. With this I was able to hold a longer position.
Will see if this strategy is better, and if it is, I plan to add more USDC on @Lighter_xyz while keeping my $ETH stack at @zendfionbase
@Lighter_xyz
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