ZRO Breaking Out
So far it has been worth it for anyone eligible for the ZRO airdrop where airdrop units had a cost to them which was .1 per unit to receive something that started trading at 1 dollar and is not at 5.22 it was worth the 25 dollars I paid for the tokens and then I still have 103 of my airdropped tokens that I will hold as I have taken my profit at 3-4 dollars on half of the position so the rest is gravy and will be holding it long term as I think ZRO will grow in fees that it takes in which will help push up the ZRO token as well. Also the ZK airdrop is doing well also and is still going on if you have assets on ReactorFusion a fork of compound on zkSync you can get a airdrop by supplying and borrowing various assets to farm ZK as well as the tokens standard rate on the platform. The borrow rates on the stables have become quite large but if you have some stables deposited at 20-25% as well as btc, eth and ZK you can borrow in eth btc and zk and since the farming interest is higher you will make more on the farm than pay in interest and the larger deposits of each asset assures that the price impact is zero on the interest rates as the supply will increase in value more than the borrow and the stables deposited at 20-25% will be used to make up for the tiny deposit interest rates on the other tokens and cover the real interest rate cost of BTC, ETH and ZK borrowing. You can farm it more aggressively and end up paying more interest than you are getting back in just to farm ZK tokens with the expectation that they will increase in value more than the interest paid but I prefer to cover the interest cost and still profit a little even with out the farming assets so I use stables and it might not get as high of a APR but it is much more stable and I dont need to sell ZK at in opportune times to cover interest costs I can just add it to my ZK balance and eventually once it is large enough use it to constantly fund a lP position on sync swap or another platform that is likely to do a airdrop of there own tokens as well so I can take advantage of those. Also RectorFusion has its RF token that is usually farmed as rewards for supplying and borrowing on the platform and has since been taken over by the ZK airdrop for now and the RF emissions will likely be returning after there allocation of the ZK drop is out and they will need to re incentivize liquidity to stay with the RF emissions coming back and those can initially be added to a LP in pancake swap and staked for a APR of 300-400% half in RF half in USDC which can be used to stake on the platform for half and half to re invest in the LP and keep building the stake of RF tokens from the RF emissions from the borrow and lend positions post ZK drop on RF when ever that ends. There may also be a benefit to staking RF tokens so if there is a dip in value I may try and acquire some for cheap in order to stake for a portion of platform revenue, governance etc. But we will see what the RF emissions look like relative to the ZK drop emissions in terms of APR and if they are higher I will likely keep the assets deployed on RF but find a new platform that will give me a decent yield on my ZK while allowing borrowing against it, maybe aave will allow it as collateral at some point and the same with ZRO I need to find a platform that allows it as collateral and for me to be able to supply it for a decent rate so that when I am holding it not in a LP it can earn some interest and same with ZK.
Also helps that BTC is up going for 70,000 again but SPS sadly has not moved as much and is still below .007 while the rest of the market rally's. It looks like SPS is getting some increased buying and selling volume at these prices. The question is have we broken into a slight up trend and can we break the downward trend and not just pause it? If we can start to see some increases to price action toward and over 1 cent that would be a huge win for the community to retake and be able to keep 1 cent or higher on the token which would give additional confidence to people holding SPS and allow people to still get in cheaply compared to previous prices. Also DEC has gone up in value and might start slowly selling some as price increases further toward .0008 where it usually sells off and put it into USDC to use in farming additional ZK as well as ZERO using Gravitas protocol to generate GDAI to deposit on zero lend linea and get both LXP-L points, Gravitas Points and additional ZERO airdrops in the ZERO token. I want to make sure I have enough LXP-L points to ensure that I get a decent airdrop form Linea as well as get into Scroll a bit as well and provide some liquidity there in order to qualify for the scroll airdrop as well when ever that takes place. Also will use dolomite for additional deposits to accumulate more oARB so that I can get ARB after the 40 week vest period at a 100% discount so for free or a certain percentage off 2.5% per week for mkt price if a shorter period is designated so you can get a lower APR and a faster payout or get a much higher APR and a slower payout and since ARB i believe will likely be much higher than it is today I don't mind locking up for the 40 weeks to get the full arb allocation for free upon exercise and its less that a year which is pretty short and should coincide with the bull market when the unlocks start to become available and I will just keep locking 40 weeks out with some occasionally less in the beginning in order to start the distributions sooner than 40 weeks. Once the ARB drop is over with I will remove my assets from DOLOMITE and deposit them where I can find additional yield as well as potentially lucrative airdrops and I will also be starting to get into play to earn airdrops so I can get some early airdrops for some of the more popular games coming out. I will also be using solana for gaming as well as I have a few sol that I can use to play some games and will likely find ones that have a airdrop and you can start to play for free and get enough with the drop to add minimal investment into the game and if the game does not have rental markets or a native asset to make the markets for then I will likely sell all of the NFTs and likely will sell a bunch of them into the initial hypes and cash out into BTC, ETH and USDC until I decide what to do with the profits. Also will be re arranging my SPL land to maximize SPS production for now to get the most SPS out of it as possible with the cards I have and get as close to net neutral for grain as possible while maxing out the SPS plots increasing my SPS production from 11-20 SPS per hour for land which will double it and just be producing less grain. Likely will still have extra grain which will be added to the market pools to get fees or swap into DEC to sell or use for cards.