Why FTM is Good
: Among the DeFi Chains I have used so far, Eco is the second best after Ethereum. (in terms of utility).
In particular, I think that the more you have a positive view of LUNA, the more you will be attracted to the utility aspect of FTM DeFi.
FTM's greatest weakness
: High leverage structure, less centralization
FTM DeFi Investment Strategy
1) FTM single staking
Low Risk
- FTM Staking in Fantom Foundation (http://fantom.foundation/)
: Interest varies depending on the lock-up period (14% for one-year lock-up, 4.5% for two weeks (of course, annualized)
High Risk
- FTM Supply in Tarot Finance (https://www.tarot.to/)
: Tarot is lending, and if you deposit money here, someone else borrows it with collateral. APY 13.5%
2) Using FTM LP
Algorithm Pegging
- FTM-TOMB LP Farming (https://tomb.finance/)
: TOMB is the FTM algorithm pegging token, and APY is currently 140%. 300% interest with automatic reinvestment
(Interest is TSHARE)
There are other ways to invest in tomb forks, but the risk is too high.
STABLE Coin (Ex.USDC, USDT, MIM) - FTM LP Farming
- Spooky Swap (https://spookyswap.finance)
: Phantom No. 1 DEX, APY 100% ( BOO), Boo Staking reward 50%, Staking Boo is xBOO
- Spirit Swap (https://spiritswap.finance)
: Phantom 2nd place DEX, APY 80~100% (Spirit), when Spirit Staking, full interest token inSpirit is paid (same as curve)
- Bethoven X (https://app.beets.fi/)
: Phantom DEX (I personally like it because of its low commission), APY BPT, BPT Staking Reward APY 150% (30% of protocol sales are shared)
3) Yiled Liquidity
- Liquid Driver (https://www.liquiddriver.finance/)
: xLQDR provided when LQDR Lockup
xLQDR is 110% APY based on 2-year lock-up (especially InSprit to increase exercise pressure on Spirit)
4) DeFi 2.0
- Hecto DAO
- Fatn OHM
5) Lending Protocol
- Geiest Finacne (https://geist.finance/staking)
: TVL 1st place, Staking APR 300%
- Scream Finance (https://scream.sh/)
: Currently chasing 1st place, 2nd place, SCREAM Staking APY 43% (Protocol Revenu 70% distribution)
- Tarot Finacne (https://www.tarot.to/)
: The fastest TVL increase. LP Token collateral recognition, Staking APY 25% (Protocol Revenu 50% distribution)