Farm ZERO on Zero Lend

in #splinterlands6 months ago

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https://referrals.linea.build/?refCode=x3oti1ylN8

Also earn a high APR/APY when you deposit and borrow strategically. Below is my Zero Lend Borrowing and Deposits on Manta which is also what is shown above in my DBANK account it just does not show the value of the ZERO units. Manta right now is the best way to farm zero lend as the interest paid if you took away the ZERO rewards is a tiny difference so you are not losing much in say USDC when you are farming ZERO as the deposit and lend rates are almost the same unlike on platforms like Raidient Capital. Not sure how long the rates on Manta will last but I am guessing until the fix is put in place to allow claiming of ZERO which after talking with the team should be within a week as they are working on it now. I think that gives a good opportunity for people that are willing to wait for the fix as many may not be depositing because of that leaving a higher yield for current depositers. I have deposits on BLAST, Linea and zkSync on Zero Lend as well and Linea is the closest to Manta's yields and BLAST is not yielding much in ZERO but does have a good USDB set up where the USDB deposit rates are higher than the borrow rates right now. I only have a small amount on the others Manta is my biggest position on Zero Lend due to the superior farming returns and low borrow rates in the currency being borrowed which leads to less risk. Once I am able to unlock the ZERO I should have about 250,000 ZERO to lock up for the max 4 years and then cash out the staking rewards to recover any net interest spent and once that is complete start staking half at lower time frames building a ladder and cashing out half to WBTC to deposit on AAVE or Compound and use that to boost my positions and increase my borrowing ability if I should need it for something. I only borrow up to usually a LTV of 10-20% so I do not risk liquidation on small fluctuations except when I borrow BTC to deposit it on a platform such as Radient or Zero Lend which offer farming opportunities at a higher rate than the .5% approx borrowing rate but you need to watch the price of BTC going up or the .5% becomes more expensive to borrow and you do not want to have that become more expensive than the farming opportunity.

You can also earn additional boosts by joining Turtle Club as it offers various increases to rewards such as a boost in LXP-L on Linea. See my Turtle Club referral link here: https://turtle.club/dashboard/?ref=WHITEWHALE

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Check out Zero Lend using my referral link if you think this information was valuable and it will help support future content on topics like this.
https://referrals.linea.build/?refCode=x3oti1ylN8

Turtle Club to earn additional rewards follow this link once you go though the first one to Zero Lend and get set up there.
https://turtle.club/dashboard/?ref=WHITEWHALE

This strategy and ones like it can be used to help fund your Splinterlands purchases as you can see the earning potential is much higher than what is offered in the LPS as well as less risky in my opinion as lately the SPS and DEC currencies as well as HIVE have not been Steller performers. I decided months ago that it was time to de risk a bit and set up positions by selling half of my SPL assets so that I could have a stream of non correlated cash flow to SPL so I could fund purchases in times when SPL assets are under pressure without being under pressure as much my self. Especially with the other risk factors in play now it is important to adapt to the climate and put things in place to preserve capital for buying opportunities.

Use my link for Splinterlands if you are not playing yet and get credits for some of your first purchases of assets when you get your spell book.

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