The best ways to get exposure to $kHYPE. 🧵
II. TL;DR: 1. Provide liquidity or buy YT on @pendle_fi (until November 13). 2. Use @HypurrFi to loop: deposit $kHYPE and borrow $wstHYPE (keep a health rating of 1.06 for safety). 3. Stake $kHYPE directly on @kinetiq_xyz.
III. Running through numbers, @PendleIntern estimates between 70-230% ROI based on $500M/750M/1B FDVs. He assumes: - Airdrop scheduled for early December - 200% TVL growth - 20% of the allocation reserved for the airdrop
IV. I believe it's the best choice you'll ever make because you gain exposure to 678 kHYPE for just $1,000. Additionally, you will yield 13.43%.
V. "What about the looping strategy?" High LTV. $wstHYPE borrowing costs remain low because utilization is low, making it cheap to borrow and loop.
VI. "And what about just staking $kHYPE?" It's the simplest strategy. You just earn a 6% yield on $kHYPE. Maybe, @kinetiq_xyz will add points from @felixprotocol and/or @hyperlendx and you will earn them too. But not yet.
VII. Also, we know that @kinetiq's points started on 15 July, with 8,000 points distributed per week. Assuming a late TGE on 2 December, we'd be looking at a total of 160K Kinetiq points. Note: That's why I think fixed weekly point distributions = @pendle_fi YT's superior, as early exposure is the best choice.
What do you, bois, think of @kinetiq_xyz? @splinter0n @0xDefiLeo @the_smart_ape @0xCheeezzyyyy @DOLAK1NG @YashasEdu @0xAndrewMoh @eli5_defi @_SmokinTed @RubiksWeb3hub @kenodnb @lstmaximalist
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defizard3.8. klo 17.58
The best ways to get exposure to $kHYPE. 🧵
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