Crypto hack 101:
> Check chains stablecoin inflows
> Check for abnormal gains
> Investigate chain
Example:
> Kaia +158% Stablecoin inflows
> Investigated the chain
> Found a pool that offers insane APR on $USDT
> Earns points as well for an airdrop
> Is supplemented with $KAIA rewards
I wouldn’t have found this out had I not used @DefiLlama to find where flows are going.
I have genuinely never looked at Kaia before for yield until seeing the large increase in stablecoins in the last 7 days.
That often gives you an indication that there are incentives available to earn extra cash, it’s your job to then investigate it.
I’ll tag below this post if you’re interested in this yield programme, this post was just a thought experiment to show you how you can utilise on-chain data to your advantage.
10.81K
87
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.