When markets are shaky, build a strategy to earn money with stables. These are my favorite plays on Solana ๐Ÿ‘‡ 1โƒฃ @humafinance ๐Ÿ”น 9% locked APY + additional $HUMA rewards ๐Ÿ”น Secure yield from usage in PayFi ๐Ÿ”น Use it as collateral in DeFi (e.g. Kamino, Jup Lend) 2โƒฃ @solsticefi ๐Ÿ”น ~3.5% APY + farming $SLX airdrop ๐Ÿ”น Yield from funding rate arbitrage and hedged staking strategies ๐Ÿ”น Up to ~34% APY when using in DeFi (e.g. Exponent) 3โƒฃ @hylo_so ๐Ÿ”น ~13% APY + farming Hylo airdrop ๐Ÿ”น Yield from protocol-held assets ๐Ÿ”น Deep integration in DeFi protocols (e.g. Loopscale, RateX) 4โƒฃ @onrefinance ๐Ÿ”น 10.33% APY + farming OnRe airdrop ๐Ÿ”น Yield from combining reinsurance premiums and collateral returns ๐Ÿ”น Supported by many DeFi protocols for even bigger APY strategies (e.g. Loopscale, Kamino) 5โƒฃ @jup_lend ๐Ÿ”น Use funds like SOL, LSTs or BTC variants as collateral to borrow stables with very low APYs (partially 5% or even lower) ๐Ÿ”น Use the borrowed stables in the protocols mentioned above
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