Recently, I've been consciously focusing on a defensive strategy, avoiding unnecessary risks in the current market.
That's why I've been steadily allocating a portion of my main funds to stable operations, and I continue to invest quite a bit in Multipli (@multiplifi).
- Just by depositing USDC/USDT, I can take advantage of the contango in perpetual futures and funding arbitrage.
- WBTC and ETH are being used in Uniswap LP with a complete hedge against impermanent loss through shorts.
- The actual dividends from the past week are about $90,000 with an average APY of 6.68%.
- The total dividends since the end of May have exceeded $250,000.
Moreover, right now, we are just before the halving of the reward token "ORBs" (scheduled for July).
→ The minting speed is slowing down, which means fewer ORBs can be earned than now, benefiting those who are currently investing.
If the inflation of ORBs is controlled and new strategies are implemented, there could be room for an increase in APY. Most importantly, many people within CryptoTimes are advocating for this, so I'm just following the trend without overthinking it. That's all there is to it.
The deposit limit seems to be reached surprisingly quickly, so be cautious.
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