Davide
@0xdavide
🪂Are you farming Sonic airdrop (old Fantom chain)? Withdraw from the protocols you are using and deposit liquidity on SwapX!SwapX is a new dex (V4, powered by Algebra) that incentivizes its pools with voting power (locking their SWPx token, getting veSWPx). You can: 1) Lock SWPx, incentivize your favorite pools with voting power and deposit liquidity (LP) 2) If you don't want to lock SWPx, you can simply use their pools (LP) taking advantage of the very high APY Dex: https://swapx.fi/earn?referrer=0xDavide Personally I am using the SWPx-wS (Wrapped Sonic) pool with an apy of over 1000%. From these pools, you get swap fee+SPWx farming. SWPx could also grow in price (TVL is blowing up!).
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Davide
@0xdavide
In addition to this income, based on the token you use (LP) you also get Sonic points. Which tokens give boost for Sonic airdrop (picture below)? This is what I'm doing for Sonic Airdrop, of course you should do your research, however in 2 days I farmed about 80 SWPx ($30) with a small LP + 4x boost for wS in liquidity pool. I remind you that Sonic's point season will end in June 2025, 200 million $S will be airdropped (a percentage will be in vesting). To transfer liquidity to Sonic you can use DeBridge ( https://app.debridge.finance/r/5133 ). Remember that $S (aka $FTM) is the gas token of the chain! You can swap 1 USDC to $S (gas token) and then transfer USDC for liquidity (LP). Alternatively if you already have liquidity on Fantom, you can transfer $FTM via the official portal https://my.soniclabs.com/upgrade (swap your $FTM 1:1 with $S). Then use your liquidity at SwapX. $S will be listed soon on all exchanges. It is just an upgrade of the old $FTM.
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