USDM (USDM)

Farming @megaeth with Stablecoins :

1. @GMX_IO

I deposit USDM to get GLV

https://t.co/F6vMl8D2No

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2. @GainsNetwork_io

I deposit USDm to get gUSDM

https://t.co/bOs5ttF15y

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3. @worldmarketsinc

I deposit USDM to the lending vault

https://t.co/5bsN3fw4cj

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4. @PrismFi_

I provided USDT0/USDm LP to Prism

https://t.co/5vBSOKxHm7

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5. @kumbaya_xyz

I provided USDT0/USDm LP to Kumbaya

https://t.co/Yzo94EwRe5

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6. @CapApp

Cap is not yet on the terminal but it will likely come in next wave so good to take note

https://t.co/dpyOMVGEl8

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I’m not a fan of farming projects where I have to burn capital just to gamble for points, hoping that the airdrop eventually outweighs the cost.

Unless you are a consistently profitable perp or prediction market trader, the math often doesn't add up.

Personally, I prefer using stablecoins for farming.

Also make sure to DYOR and understand the Liquidity Vaults you are depositing into (GMX and Gains) - operate similarly to Hyperliquid’s HLP.

It is also more efficient to focus your main capital on three apps, especially since you can only boost up to 3 each week.

I prefer a diversified approach: I concentrate heavy liquidity into my top three picks while spreading a smaller balance across other protocols to minimize the overall risk especially some apps are fairly new into the game.

Happy farming!

just registered a .MEGA domain

built by @bread_, megaeth head of ecosystem

it has already been added on the @megaeth terminal, although incentives haven’t been enabled yet.

registration costs 1 USDm/year.

how to register:

- go to https://t.co/hlvVkuvbmK
- search for your preferred name
- if available, select the number of years you want
- register and approve the txns.

note:

pocket universe flagged these txns as ‘not insured’ so revoke permission immediately your finish.

the site also prompts you to revoke permissions after registration (attached below).

GL