Blast

Arbitrum

IPOR

USDC

<h4 style="color: #252525;"><strong><span style="color: #252525;">The average crypto user believes they need more capital to trade, farm airdrops, or generate profit. But that’s not always the case. Your existing crypto assets can generate the needed cash flow if you learn to maximize them.</span></strong></h4> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">How do you maximize your crypto assets? That’s what this article is about. This article will show you four good strategies to maximize your crypto assets as well as some protocols to leverage.</span></p> 
<h5 style="color: #252525;"><strong><span style="color: #252525;">1) Staking</span></strong></h5> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;"><a href="https://www.altcoinbuzz.io/?s=staking" target="_blank" rel="noopener">Staking</a> is one of the best ways to put your crypto to use. It simply means committing your asset to a certain protocol for some time. So, the protocol uses your assets to verify transactions and gives you rewards in return. Different protocols offer different rewards.</span></p> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">If you’d like to stake, <a href="https://www.eigenlayer.xyz/" target="_blank" rel="noopener">EigenLayer</a> and Blast are two of the best Ethereum staking destinations. Furthermore, staking is pretty ideal if you currently hold ETH or SOL. EigenLayer has huge potential for an airdrop. So, you might want to keep a close eye on them. Here are the most important staking platforms:</span></p> 
<p><img decoding="async" class="wp-image-130439 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-300x225.png" alt="" width="535" height="401" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-300x225.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-768x577.png 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-696x523.png 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-559x420.png 559w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-80x60.png 80w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf-265x198.png 265w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgfddgf.png 797w" sizes="(max-width: 535px) 100vw, 535px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://defillama.com/protocols/Staking%20Pool" target="_blank" rel="noopener">DeFillama</a></strong></h6> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;"><a href="https://www.altcoinbuzz.io/spotlight/unveiling-blast-exploring-the-concept-mechanism-and-risks/" target="_blank" rel="noopener">Blast</a> is another platform with big expectations for 2024. Currently, Blast runs a points system that lets you invite more users to participate and deposit ETH (which cannot be withdrawn before February 2024) to earn more airdrops. However, there are many negative opinions about this platform, so we recommend doing your research too.&nbsp;</span></p> 
<h5 style="color: #252525;"><strong><span style="color: #252525;">2) Lending and Borrowing</span></strong></h5> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;"><a href="https://www.altcoinbuzz.io/?s=lending" target="_blank" rel="noopener">Lending</a> and <a href="https://www.altcoinbuzz.io/?s=borrow" target="_blank" rel="noopener">borrowing</a> protocols are often underestimated. Quite a few know the significance of such platforms. However, if you’re searching for a lending protocol, Solana and Sui are more reputable networks to consider. </span></p> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">For example, The Marginfi Protocol on Solana uses a point system for both lending and borrowing. Authors on Marginfi lend SOL in exchange for APY+ points and the possibility of airdrops. Here are the most important lending platforms:</span></p> 
<p><img decoding="async" class="wp-image-130435 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre-300x228.png" alt="" width="533" height="405" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre-300x228.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre-768x583.png 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre-696x528.png 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre-553x420.png 553w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre-80x60.png 80w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/grgrgregre.png 813w" sizes="(max-width: 533px) 100vw, 533px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://defillama.com/protocols/lending" target="_blank" rel="noopener">DeFillama</a></strong></h6> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">Meanwhile, on the <a href="https://defillama.com/chain/Sui" target="_blank" rel="noopener">SUI Network</a>, you can borrow stablecoins via the Scallop protocol. You can take out a USDC loan and still earn 10% APY. The good part is that you can farm the Wormhole airdrop by transferring your assets to the SUI network via the Wormhole Crypto Bridge.</span></p> 
<h5 style="color: #252525;"><strong><span style="color: #252525;">3) DeFi Farming (High Yields Only)</span></strong></h5> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">Here’s the part where you search for extremely high-yield airdrops that fit your risk tolerance (if any). Twitter user Tindorr suggested the following:</span></p> 
<ul style="color: #252525;"> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><span style="font-weight: 400; color: #252525;"><a href="https://twitter.com/stellaxyz_" target="_blank" rel="noopener">Stella</a>: 95% APR on leveraged wstETH on Arbitrum with near-0 IL</span></li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><span style="font-weight: 400; color: #252525;">Cega: It has an APR of 48.32% for USDC options. Cega reportedly has the potential for an airdrop.</span></li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><span style="font-weight: 400; color: #252525;">IPOR Labs: 40% APR on average on ETH and stablecoins (USDC, USDT, and DAI) with no IL.</span></li> 
</ul> 
<p>You can see the most important Farming platforms:</p> 
<p><img decoding="async" class="wp-image-130437 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd-300x230.png" alt="" width="575" height="441" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd-300x230.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd-768x589.png 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd-696x534.png 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd-548x420.png 548w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd-80x60.png 80w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/rggrgfgd.png 797w" sizes="(max-width: 575px) 100vw, 575px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://defillama.com/protocols/farm" target="_blank" rel="noopener">DeFiLlama</a></strong></h6> 
<h5 style="color: #252525;"><strong><span style="color: #252525;">4) DEX – CEX Transactions</span></strong></h5> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">Some experts advise that you move to DEX and trade on the chain if you are currently trading on CEX. While most are used to CEXs, DEXs come in handy when you qualify for an airdrop. Here are three DEXs to consider:</span></p> 
<ul style="color: #252525;"> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><span style="font-weight: 400; color: #252525;"><strong>Drift Protocol:</strong> Solana’s derivatives exchange has an increasing trade volume.</span></li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><span style="font-weight: 400; color: #252525;"><strong>Hyperliquid</strong>: Perps with a strong team on the Arbitrum network and experience with CEX</span></li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><span style="font-weight: 400; color: #252525;"><strong>Derivio:</strong> zkSync’s top derivatives ecosystem.&nbsp;</span></li> 
</ul> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">These 3 platforms could have airdrops pretty soon.&nbsp;</span><span style="font-weight: 400; color: #252525;">Furthermore, most Perps and DEX are account-based protocols, which allows you to utilize them both with the same account. For instance, you can deposit assets like SOL and ETH as collateral and trade Perps on these accounts. Here are the most important decentralized exchanges (DEXs) nowadays:</span></p> 
<p><img decoding="async" class="wp-image-130442 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/fffrrf-300x228.png" alt="" width="568" height="431" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/fffrrf-300x228.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/fffrrf-80x60.png 80w" sizes="(max-width: 568px) 100vw, 568px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://defillama.com/protocols/dexes" target="_blank" rel="noopener">DeFiLlama</a></strong></h6> 
<h5><strong>Conclusion</strong></h5> 
<p style="color: #252525;"><span style="font-weight: 400; color: #252525;">DeFi isn’t ABC. This means you should always do your research, as nothing is ever guaranteed. However, 2024 is bound to be a huge year for the DeFi space. So, taking advantage of these strategies could boost your capital. This article was inspired by this <a href="https://twitter.com/0xTindorr/status/1733883565879009386?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1733883569901326702%7Ctwgr%5E7e02247b70c63c98188c4b53415c90dd0049ea69%7Ctwcon%5Es2_&amp;ref_url=https%3A%2F%2Fwww.altcoinbuzz.io%2Fwp-admin%2Fpost.php%3Fpost%3D130412action%3Deditclassic-editor" target="_blank" rel="noopener">tweet</a>.</span></p> 
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<h5><strong>Disclaimer</strong><br> The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</h5> 
<p>The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/4-strategies-to-maximize-the-potential-of-your-crypto-assets/">4 Strategies to Maximize the Potential of Your Crypto Assets</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

4 Strategies to Maximize the Potential of Your Crypto Assets

Altcoin Buzz

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