Alright, since I frequently get asked about my $TIPN setup, here's a high-level overview:
I currently have around 26 million $TIPN staked, an amount that will continue to increase based on incoming tips. My primary goal is to maximize yield while holding $TIPN long enough to avoid short-term capital gains.
We're only one month into $TIPN staking and roughly three months since TIPN launched, so it's still early. Over the next 11 months, factors such as yield rates, new incentives, or additional $TIPN features may prompt adjustments to my strategy. For now, this is my approach:
At current rates, my staked $TIPN generates between $60 and $85 per day in USDC. While I've experimented with using this USDC to invest in other tokens, the most attractive opportunity has been converting it into $Launcher, the official token of @farstore. I then stake $Launcher on @rebase, which currently offers an LP APR of 309.16% at 30% completion. This attractive rate generates significant daily rewards.
Considering @kompreni's recent posts about $Launcher buybacks and upcoming coin launches on Farstore, I'm comfortable accumulating a position in $Launcher rather than looking for another coin with a high-yield LP pool or converting it back to Ethereum, which would effectively complete the flywheel.
Hope this helps! 24 replies
20 recasts
95 reactions
0 reply
0 recast
2 reactions