Stabled up some $ETH as a hedge and deployed stables into @solsticefi - the best place on Solana to get started with +EV yield farming and VERY high potential ROI at $SLX TGE.
Why I choose Solstice as my conviction play for stables:
- First mover advantage on $SOL
- Clear narrative of being the "Ethena of SOL"
- $216M TVL and growing 📈
- Aligned with Xeet campaign to get maximum returns
- Flares questing system is a perfect onboarding tool
- Addictive Flare distribution & growth, you want to be early, deploying as much size as possible
- Solves the issue of "overtrading", stacking stables at high APY% will often lead to better results in the long run than "trenching"
I noticed the deposits APY drop from ~10% initially to ~5.7% currently due to huge user demand, yet still feel like this is a no-brainer deposit that will pay off significantly in the future

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