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…