List of things u can do with $pyth right now
List of things u can do with $pyth right now
List of things u can do with $pyth right now
A bit slow to post
but if u are not familiar with sol ecosystem u should have a read
Good overview of sol defi project
So first please note that @PythNetwork 's staking is currently ONLY for goverance.
You can only earn yield on ur $PYTH via
liquidity providing
lending
Not even CEX Earn product( from what i found, correct me if im wrong )
Starting with @orca_so one of the top DEX on sol
please note this apy is per day based on the first day of trading.
with 1k orca incentive a week ( 800k TVL )
it is concerntraded liquidity works basically like typically uniswap v3 for the eth guys
@RaydiumProtocol
with more incentives 2k per week in $PYTH n $RAY with less TVL ( 200k )
i like incentives
im not super familiar with sol defi so im not sure where would the organic trading volume
Marginfi
u can also consider depositing into lending or borrowing @marginfi
a hot lending protocol on solana.
yield unsure tho.
currently running point system for users to speculate on their token
@solendprotocol
lending protocol with isolated pools ( by group )
u can currenly lend ur $PYTH for 18% apy not sure who is borrowing $PYTH at 55% right now tho
@Kamino_Finance
Sol's lending, LP management, create ur own vault, 1 click loop on selected strategy or levearge tokens
with great fking UIUX n tools
@DeusNero top lad from their team best BD n solana guide
It allows you to create ur all vault
( essentially ur own concerntraded LP strategy but also with option to set auto rebalance within ur range )
if u are joining other people's vault
there are more than enough info for the check is it a good farm for u.
which is something i crave to have on eth
Here is also a great list @DeusNero sent me to keep me update about the solana ecosystem better!