ZRO seems to be a very promising token and anyone who got the airdrop like I did and received a decent allocation are pretty happy. I got a 250 is unit allocation and sold most at 3.5 via the ZRO/ETH LP over a few days before it went out of rant to the upside leaving me with the large amount of fees and a gain but originally it was worth about 650 dollars and the ZK airdrop i did even better in and got about 1300 when i received it finally after figuring out you need to use nord VPN and select Canada to claim it lol that cost me a good 1300 dollars in value if I had claimed and sold half at the original time I wanted to claim. ZK also seems like a promising token and i believe both are likely close to being at there bottoms and will show strength as they are vary useful protocols and should translate into growth in the ecosystems which increases value to the token holders of the DAOs and there for the prices of the units. I will likely sell a little bit maybe a few hundred worth of ZK if it pops up quick but most of the allocation I will be keeping as well as buying back some ZRO with the amount I sell of ZK as the prices are right around where I ended up getting pushed out of range on the LP pair and I want to get back at lest a total balance of 100 ZRO and keep at least 5000 ZK to hold and hopefully one of them or both have staking or lending protocols that offer to allow me to supply them as collateral, farm on various lps and or stake for rewards in the token which can be put into LPs using the emissions only and then staking the half that is the token and selling the other half for a fee to take profit. Also the ZeroLend ZERO airdrop is going on still and I am close to getting my allocation of ZERO which was worth about 300 and since then is now worth maybe 100 as the inflation due to staking has devalued my earnings a bit as I cant stake yet with all of the balance until the fix happens. There are also numerous platforms with Merkle rewards in ARB as well as other arb incentives on many platforms can lead to significant extra returns and in ARB as well a good token to hold onto especially since its low right now and ARB has the potential to 1.5-2X pretty fast if mkts turn around. HMX and VKA are two other perp revenue share tokens I hold that generate airdrops of there escrowed tokens that vest in varying time frames based on what you select and also offer high yields in the form of trading fees, arb drops, and restricted DAO units that need to vest then they become full voting units and can be staked and locked for boosted returns on VKA from the increasing trading fees daily as well as fluctuating fees based on HMX and underlying GMX performance and trading volume. HMX will also be partnering with a new start up Flex Perpetuals which I added a few hundred to the seed round and likely there will be some benefit for HMX stakers as well like maybe a airdrop but nothing has been said I just know there is a arb drop if you use perps and wUSDM as collateral you get 32% on the wUSDM. Can use that APR to pair with short btc or eth to match your portfolio and collect the funding fee for shorts and the extra fee on the collateral for a 50-150% APR depending on how high rates are or not. Another thing that may get you some airdrops on the perp exchanges is to trade on HMX using forex pairs that are liquid and take big positions for a very short period of time and use only a few hundred dollars as they let you leverage it up pretty high. The leveraged quick scalp trades where the goal is to break even and close it so I can open another trade to get additional trading volume which increases my drop in esHMX, PYTH etc from the TLC trading airdrops. Exchanges like AARK, MUX etc have similar programs where trading activity gives out airdrop points and are converted on the TGE for the token. I will be trying to get Containgos TENGO DAO units next as it is a interesting platform and offers a unique product. I will also be seeking out launch pads like the old binance launch pool type thing for example pancake swap i will start to save and maybe even buy additional CAKE while its down as when the market turns back up CAKE tends to fly with it. Last up swing I paid my basis off after the increase with the fees accrued that I forgot about so now it provides me with the ability to stake CAKE on new tokens and earn them in a APR specified. These token are often either very new or pre launch which is good at getting in on the ground floor with no risk except for CAKE price risk and opportunity cost. Airdrop farming has been a very profitable activity this year and will continue to be for the upcoming rest of the year as I already found some of my next targets to get my hands on units. I will also be upping my allocation to Magpie staked as it is airdropping 3 new sub dao tokens for some very popular protocols and based on how revenue has been going i can see this causing it to increase quite rapidly as the cash flow in units trickle in over a few months then the revenue will be much higher from the 3 existing sub daos as well. Hopefully it took a dip from .1 to .07-8 so i can get a deal on it.
ZKs chart looks like it tried to rally but it was met by the downward pressure and once that lets up I am thinking it will rocket up a bit possibly doing what ZRO did and going for the ATH or maybe both of them will continue on beyond and end up being the next BNB like I rode that 500 of them form 5 bucks to 500 ish selling on the way up each hundred a little more lol. If we get a pump up I can see ZK hitting a dollar and ZRO hitting 5-7 dollars per unit. Hopefully they will offer staking or if ZK has a good lending or borrowing protocol that is also about to launch a token I will go use my ZK to farm the new units and get another drop like ZeroLend and get another annuity token that provides a % of cash flow for as long as the organization is operational and the DAOs are what run the foundations and make the decisions and we get to vote like in SPL but for diff things like I voted on a HMX proposal and will continue to be more active in voting all the DAO units I have so I know what is going on better since ill have to read proposals.
Congratulations @hbcdao1! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 600 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts: