@jayplayco
I’m currently doing an alpha play on the @base chain.
On @mintclub, I stake mining using $MT and the MINIBD NFT.
At first, I compounded, but now I’m monetizing MT and shifting over to YT plays.
I’m DCA’ing into Pendle’s $sKaito-YT.
What does DCA mean here? Since Kaito also operates on the Base chain, it has become one of the most utilized Base-based products on Pendle. With PT yields above 45% and even YT offering returns in the 7% range, plus a variety of Kaito Earn Eco opportunities, it makes sense, at least for me.
Is this strategy risk-free? No, not at all—it can be considered very high-risk. There’s IL risk from potential price drops in $MT and $ETH, and there’s the risk of capital impairment from a decline in $Kaito’s price as well as falling demand and percentages for YT sKAITO (in fact, this is basically guaranteed, so the only way to offset it is through rewards). But I think betting on the rise of $MT and $KAITO is worth the bet.