What if we could have a 'Pendle season' but on SOL?
I made findings, but you have to be an early bird because this might blow up soon.
🧵: How it works + points farming playbook. ↓
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i/ First of all.
I see a familiar yield trading mechanics building on SOL.
-> Instead of @eigenlayer, we have @jito_sol.
-> Instead of @pendle_fi, we have the likes of @sandglass_so, RateX_Dex, and @ExponentFinance,
-> Instead of EtherFi, we have @KyrosFi
A combo of these is a banger esp if you play around @KyrosFi
ii/ You Don't Know Kyros?
Kyros is the only liquid restaking protocol that is both Solana native and fully Jito-aligned.
While Solana (Re)staking is still an early narrative, I think it is a very interesting one and with a lot of poetntial ahead.
iii/ How Well Is Kyros Doing?
-> In Q1, @KyrosFi TVL has surged approx 105.03%
-> Integrated with yield trading protocols like @sandglass_so, @RateX_Dex, and @ExponentFinance, and backed by @swissborg, one of Europe’s leading fintech platforms for crypto.
iv/ Key Insights On Kyros Products?
-> Their flagship product is kySOL, a liquid restaking token tied to SOL.
-> With kySOL, users are effectively exposed to JitoSOL and all its benefits e.g — Solana staking rewards and MEV rewards.
v/
Adding to the above, the yield potential of kySOL is theoretically uncapped.
Esp since kySOL accrues extra restaking rewards by providing economic security to Node Consensus Networks (NCNs), and lots more.
v/ Kyros Points Farming Playbook?
First off, you need kySOL. To get kySOL:
-> Visit:https://app.kyros.fi/
-> Swap SOL to kySOL
Now you have kySOL, let's get into action.↓
vi/
1. Utilizing @ExponentFinance:
-> Buy YT-KySOL. This earns you 7.12% APY + 4X Kyros points boost.
-> LP kySOL. This earns you 12.81% APY + 4X kyros points boost.
vii/
2. Utilizing @RateX_Dex:
-> Visit:https://app.rate-x.io/referral?ref=jiXaKrF4
-> Buy YT-kySOL. This earns you upto 127.77X points
-> LP kySOL. This earns you upto 17.8% APY
-> Buy PT-kySOL. This earns you upto 17.241% APY
viii/
3. Utilizing @sandglass_so:
-> Buy YT-KySOL. This earns you upto 163.48X points + 113.62% JTO rewards
-> LP kySOL. This earns you 23.22% APY
-> Buy PT kySOL. This earns you 17.35% APY