You can get a 180% APY in DeFi right now
Whether you're in stables or allocated
Bull or Bear market, you should always be looking at Kamino 👇🧵
Up to 181% APY on $JLP Multiply right now
JLP is composed of BTC+ETH+SOL (50%) and USDC (50%)
75% of Trading Fees from @JupiterExchange Perps Product go to $JLP holders, hence the high APY.
If you're into providing liquidity on DeFi, focus on pairs with:
- Good Tokens
- Good Volume
If you're LPing into memecoins it will probably be unprofitable quite fast.
If you have stablecoins, use them to trade a $USDS—$USDC pair for 13% APY.
The $JTO—$JITOSOL pair is incentivized, so holding JTO and JitoSOL could be beneficial if you believe we're about to see reduced market volatility.
Kamino is a free market. This means sometimes you get amazing opportunities to compound your holdings even if for a limited time.
On January 22nd, you could get a 61% APY by Lending on Kamino.
This happened because a whale likely withdrew a lot of $SOL from the $JTO market, causing an imbalance between Supply and Borrow TVL.
Market dynamics naturally corrected this inefficiency until the yield was low enough
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