Then the second phase of rewards... directly delisted comp-eth...😂
I sold the UNI I farmed. When I have time, I'll review how I managed to achieve an annualized return of 1000% on UNI.
When the subsidy war on Unichain first started, some DeFi OGs were mining stablecoin pairs and creating low-fee pools to earn transaction fees. @Super4DeFi @Cody_DeFi @cmdefi deeply impressed me, a DeFi newbie. Inspired by them, I began studying Unichain's subsidy logic and methods.
With guidance from a legendary figure, I discovered that 98% of Unichain's subsidies are distributed based on transaction fees earned by addresses. In other words, as long as your share of transaction fees is large enough, you can claim most of the UNI subsidies.
Take the ETH-COMP pool as an example: the fee APR is 0.54%, while the UNI subsidy APR is 41.63%. Assuming the transaction fee during a certain period is 1 unit, you could earn approximately 1k UNI in subsidies!
Rough calculations show that the leverage effect of subsidies driven by transaction fees is at least 77x!!!
Moreover, testing revealed that Unichain distributes subsidies via snapshots taken every four hours. This means that just before a snapshot, you can add liquidity to the narrowest range, generate some transaction volume, and—if no one else enters—achieve extremely high annualized UNI subsidies with minimal impermanent loss and low fee costs! Initially, I was earning so much that I was dizzy—daily returns of 10%!!!
Unfortunately, others eventually discovered this bug and started competing, turning the volume game into a fee-control battle during the last hour. For example, I tracked down this address:
We generated so much volume that transaction activity surged significantly in the final hour, likely catching the attention of the officials. Ultimately, this lucrative mining opportunity lasted only 5 days before the rules were changed.
True DeFi experts can achieve high returns with minimal risk, even without large amounts of capital. To make money in the casino, you can either become a top-tier player or try lending money to users or exploiting the casino/project's vulnerabilities. After all, the latter is the path to steady happiness.


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