I found a new DCA routine to do simultaneous yapping with Sonic and Lombard. Let's gather some Bitcoin!!
@Lombard_Finance is expanding not only into Ethereum and Base Chain but also into various chains, providing liquidity, one of which is @SonicLabs, where I am yapping and providing liquidity while mining points.
In short, with this routine, you can mine Lombard, mine Sonic, and yap simultaneously, making it a quadruple benefit method.
Yesterday, I introduced a Base-based DeFi routine along with Lombard staking (the conclusion is to gather BTC, haha), and today I will introduce a routine using Sonic.
==== Sonic -> LBTC DeFi Routine ====
First, Sonic has a DEX exchange called Shadow. Here, I am operating the S/USDC pairing relatively widely (about 5%) and depending on market conditions, the APR is approximately between 100-400%. The asset mined here is the Shadow token, which can be claimed daily on the Shadow exchange and swapped directly for $LBTC.
The swapped LBTC can then be moved to the Bitcoin Sonic vault. I will leave the link to the relevant vault in the comments.
Here, you can deposit LBTC from the Sonic chain. I have deposited about $7 worth of LBTC made from Shadow tokens. I plan to add to this routine daily, converting the mined Shadow tokens into LBTC and putting them into the Bitcoin Sonic vault.
Once placed in the Sonic vault, you can earn 2-4 times Sonic points, 4 times Lombard points, and 3 times Veda points, and @babylonlabs_io, where Medo is, will also have points mined. I need to gather diligently, right? By the way, when putting into this vault, no additional APY is generated (other than points), but the basic LBTC still applies the Lombard's basic APY of 0.8-1%.
Today, I bought 100 $BARD and staked it.
The reason is that I wanted to mine LUX in line with @Lombard_Finance Season 2.
Currently, Bard staking offers an APY of 120%, and additionally, you will receive Lombard points, Symbiotic, and Mellow Finance points.
And the biggest thing is that if you stake 100 $BARD (which is currently about $90), you can receive 5000 LUX.
This is part of the Lombard rewards, and if you check it out, there are various missions available. For example, if you deposit more than 0.002 BTC into the Vault, you will receive 2000 LUX, and if you refer 5 friends (I'll leave my referral in the comments haha), you will get 500 LUX. Also, if you check in for 7 days, you will receive 200 LUX, among various social missions and deposit or DeFi utilization missions.
There will also be missions expanding to Solana and others in the future, so make sure to keep track of the missions and participate in mining LUX. I expect that during Season 2, I will be able to allocate some $BARD as well.
For your information, staking $BARD takes 21 days to unstake, so quick responses for cashing out are not possible. (By the way, is there anyone making LST tokens? It would be nice to create LST tokens and have points to put on Pendle as LP haha - is Lombard looking for someone to make this? haha)
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