Recommend everyone to participate: Solana Staking Yield Seas | BitHappy on Binance Square

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Recommend everyone to participate: Solana Staking Yield Season Event of Binance Wallet!
Currently, Solana re-staking protocol Fragmetric is open, and now it shows a yield of more than 107%. If everyone participates in the future, the estimated yield will be more than 12%.
Fragmetric was mentioned a few days ago. It can be combined with RateX and Exponent to kill two birds with one stone.
However, I guess that if you take the $fragSOL obtained by staking $SOL to other protocols, you may not get the event rewards.
However, the fundamentals of the Fragmetric protocol are quite good. TVL ranks 15th on Solana. This event is likely to have something to do with TGE. It is not a big problem to bet on Alpha, and there is also APR/Y to eat.
It also has a points plan and rebates! So, the small account leads the big account, let's do it!
If you don't mind, you can use my link for the first wallet: https://app.fragmetric.xyz/referral?ref=CHBBZA
Then, if you want to do nesting, you can do it. After the last study, the yield can be about 45%. For details, please see the reference post!
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DeFi enthusiasts: BitHappy

BitHappy

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Pendle is advancing in the yield trading market on EVM.

As this trend develops, a bold prediction: other non-EVM systems may support their own forces, and yield trading protocols will gradually become one of the foundational protocols of public chain DeFi.

Previously, I shared the yield protocol @nemoprotocol on @SuiNetwork, which currently has a stablecoin APY of 13% - 19%. Although the pool size is small, the advantage is that no one is competing with me for yields, hahaha.

This time, I am turning my attention to @solana, where two yield protocols are worth noting: @RateX_Dex and @ExponentFinance.

Considering that @pendle_fi may once again spark a yield market frenzy, I estimate they will conduct TGE one after another. Therefore, I have deposited a small amount of funds into both protocols, and I have not yet invested large sums.

From my observations, RateX seems to have a larger market presence than Exponent. According to @DefiLlama's TVL statistics, there is currently about a 20% difference between the two (RateX 93M, Exponent 76M).

However, after experiencing both over the past few days, I found that Exponent performs better in terms of ecological extensibility. Many protocols on Solana offer more support for Exponent.

For example, @KaminoFinance and @LoopscaleLabs only support Exponent's PT assets. This makes Exponent's gameplay richer than RateX, with higher APR/APY!

According to funding information from @RootDataCrypto, perhaps it's because @solanaventures is among Exponent's investors?

In contrast, RateX has launched a points program, and the airdrop is almost transparent. As for Exponent, I haven't found any information regarding points or invitations for now; I may have overlooked it. If anyone knows the details, feel free to point it out in the comments, thank you!

➤ Below are the test results of LRT $SOL assets using the @fragmetric protocol:

1) Depositing $fragSOL as PT assets on RateX shows an APY of around 25%, along with RateX's points bonus and Fragmetric's airdrop points bonus;

2) Depositing $fragSOL as PT assets on Exponent and participating in other protocol nested gameplay shows an APY of up to 46%, also with Fragmetric's airdrop points bonus.

Note: I haven't calculated the actual APY yet, as I haven't deposited much money. Additionally, Pendle has plans to expand into non-EVM as well.

DeFi Enthusiast: BitHappy

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

SOL

143.44

-0.93%