Terra: My Top 5 Farming strategies for Luna - Up to 80% APY!

who of you guys have luna i bet many of yours in this video i will show you my top five strategies how to accumulate luna without actually buying it which we will do by farming it my best strategies for that in this video let's go welcome back to progressive invest i'm philip and i'm talking about defy and cryptocurrencies in case you want to do more with your cryptocurrencies and general yield on it then please subscribe to this channel i'm doing videos about d5 from now on like every week as i said in this video we are talking about how to accumulate luna or more about how to farm more luna until it hits our personal price targets the first strategy i think all of you guys know it already the easiest way is to stake them staking them you can do that in the terra station select a delegator and then stack your luna you will be assigned for airdrops plus the staking rewards which are currently at 5.3 percent i had my luna staked for quite a while but recently unstaked it like 23 days ago now because i thought the return is not high enough and especially with these other chances to generate yield on luna itself i thought it might be more decent to do some other strategies with it so the first strategy is of course staking it is very easy and very simple but also has the lowest returns and the second one is since you can buy luna and b luna you can exchange it directly here on the terra swap interface and we all know how decentralized exchanges work they work with liquidity pools and since there is a lunar be luna swap there will be a liquidity pool as well for that so for that we need to go to the web app of the terra swap interface and click here on provide here you can put in how many luna or billuna you want to stake and then you click here on provide approve the lp token and then it is automatically staked on the exchange unfortunately terror swap by themselves do not show how high the apy is for these pairs but i found a nice dashboard from alpac4.com i guess it's a private uh prophetic just a guy who did this dashboard much love to this guy here we can see that the luna be luna pair let's search it here currently provides 26.28 i think this is based like on the last seven days and currently it's quite high because we had the big drop recently from bitcoin which also pulled down luna quite a bit like minus 30 percent or something and that's why it's currently a little bit higher so 26.28 i think is a decent yield on luna which is supposed to appreciate in price quite a lot as well so that is it in terms of strategy two just providing liquidity on tarot swap the third strategy is a little bit an alternative strategy and for that i want to go here into the swap interface and show you that the swap from luna to be luna is actually showing quite a price difference for example right now you can see that we make 1.3 immediately in case we swap luna for bonded luna why is that it's because there's this unstacking period for bonded luna which the market prices a little bit as a risk factor because you cannot immediately sell your luna in in case there is a price pump or drop or whatever you cannot freely move so b luna are actually a little bit cheaper than luna so with the third strategy what you can very easily do is you buy b luna for your luna make immediately 1.3 percent and then afterwards unbond it unbond your b luna for example in anchor you can do this up to 17 times per year and when you have 1.3 times 17 makes 22.1 it's a very simple strategy which brings you 22 right now and this of course is changing all the time as well yesterday it was 1.8 and i saw it even on four percent or already sometimes and in case you catch sometimes these four percent differences then you can generate quite a good yield this strategy is especially good for the token holder who wants to hold it long term and wants to generate some yield without any stress with no out providing any liquidity or whatever just swapping and then unbonding it so that is strategy three strategy four is with anchor in anchor you can provide b luna as collateral and then borrow against it with borrowing you borrow ust usually it's around 60 borrow limit so no matter how much b luna you are providing here you will get around 60 in ust or more like this is the maximum risk level i would rather go to with 40 to 50 of course because in case there's a price drop there will be a liquidation the nice thing with anchor and borrowing is that you have a net apr of 19.38 which means you are paid to borrow you of course you pay a fee for borrowing your ust here this 21.19 but at the same time you get 41.3 percent distribution apr which is being distributed as the anchor token it's the anc token this anc token you can just sell on the market for example in terror swap and then redistribute it here to ust or maybe to your collateral you can swap it for b luna for example just yeah reinvest it and stay safe on the borrowing side and then afterwards what can you do with the ust of course you can just put it in anchor for an additional 20 yield or you can run the farming strategy with stocks which is delta neutral you can run delta neutral farming strategies with mirror and spectrum protocol i did a video on my german channel i will do another video here on the english channel as well but i guess most of you guys know it already you can do this delta neutral farming on mirror just short farm and then build a liquidity pair and stake it on spectrum finance with these kind of strategy you can make on average 50 to 55 i do it with some of my customers as well i had quite an overview of different strategies regarding delta neutral usually it hovers around 50 sometimes a bit more sometimes a little bit less so yeah you get this 20 on your borrowed amount plus the 50 from the delta neutral farming i think this is quite decent this should lead then on a yield to your provided collateral will be then around 35 to 38 so quite a good yield on luna the last strategy and this is my favorite strategy right now is to bridge luna to the solana network which we do with the renbridge i can shortly show it here you say you want to send luna to the solana network and then you need to connect your wallet yeah you need to connect to the phantom wallet i can shortly do that here okay next you can see the fee calculator let's say we want to send 100 luna in solana will then 99.55 renluna arrive which is quite a cheap bridge to be honest because the nice thing afterwards is what we can do with this rain luna is we can stake it on saber here you can see that the rap luna ren luna pool is currently at almost 80 apy this is really top notch i did this with some of my luna so that is my favorite strategy right now of course it is important to diversify the strategies a little bit to always have some luna liquid some luna available for sale in a in a shorter time frame this is actually what i didn't like most about the just staking strategy is that you have to wait this 21 days until until you can actually sell a little bit of your portfolio of course you can just swap it back to luna but as we could see in market times where everybody wants to do it for example after the pump we saw from 6 to 32 the price different was 6 or 7 percent i don't want to take this so i rather want to be prepared for every market condition so i would diversify my farming strategies here as well but definitely staking ren luna on sabre is my favorite strategy right now for the rennbridge uh i rainbridge is quite trustable project already and um don't i mean it feels a little bit sketchy when you do it when you hear confirm and then you get your luna gateway address then it tells you that for the next 30 or 36 hours you can send luna to this address here and afterwards it will be withdrawn to the solana network this feels a little bit sketchy you can test it first with maybe one luna or five luna it doesn't matter how many luna you typed in here which you want to transfer it doesn't matter this window is open for you can just do it no matter what the amount of luna is so maybe test it first check if the address is actually valid and then afterwards send the rest of the lunar you want so that was it for the five farming strategy as i said the saber is my favorite one but i also use the terror swap liquidity providing a little bit i have staked as well and i'm doing this unbonding swapping strategy sorry g number three as well i hope you liked the video please like it in case it gives you value and in case you are interested in more defile content then feel free to subscribe to my channel i will post defy videos here every week now thank you very much and see you in the next video bye-bye and a short disclaimer my videos are no financial advice every decision you do you do by yourself i am not responsible for your investment decisions please be aware every investment can lead to a 100 loss so please only invest carefully and what you can afford to lose thank you

Channel: Progressiv Invest English

Views: 456

Rating: 5 out of 5

Keywords: terra, luna, yield farming

Id: VxXu5Dsmq6s

Length: 11min 21sec (681 seconds)

Published: Thu Sep 09 2021