I’m farming @onrefinance points on Solana these days aggressively.
My setup: 👉 6x points + leverage Loop 2x on @Kamino using ONyc/USDG Multiply
(note: only the USDG market gets 6x points, tho the yield of USDC market is higher due to a lower borrowing rate)
👉 5x points + ~180x exposure Buy YT-ONyc on @ExponentFinance
Why this is aggressive:
Kamino Multiply: You get leveraged exposure to ONyc at max 2x. Risks mainly come from ONyc NAV drawdowns or interest rate volatility (which Kamino vaults manage relatively well). Additionally, Kamino is subsidizing borrowers, thereby boosting its net yield.
YT strategy: YT value trends to 0 as maturity approaches. You’re effectively burning YT to front-load ~180x exposure to ONyc rewards. These are the fastest ways to climb the @onrefinance points leaderboard.
If you want lower risk, you can stick to lending or LPing, which also brings gud yield and better principal protection.
You can check all the points boosting strategies on their website: https://app.onre.finance/earn/defi