Stakingbits
Published in

Stakingbits

Degen FTM yield strategy with yEarn, Abracadabra on Fantom

If you’re holding FTM and bullish on the long-term prospects of FTM, you could look for ways to earn a nice yield on your FTM holdings. In this article, we’ll show you a way to supercharge your FTM yields with yEarn, Abracadabra Money to earn 20%+ APY on FTM.

Here’s the TLDR:

  • Wrap FTM to wFTM
  • Deposit wFTM into yEarn Finance FTM yVault
  • Deposit ywFTM into Abracadabra Money and borrow MIM
  • Deposit MIM into yEarn Finance MIM…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store