My company is doing a yield gen competition. Everyone was given a couple of hundreds bucks of crypto in their wallet. We have to go yield farm, ape or whatever to generate maximum returns.
The goal is to have the highest fiat valuation on the assets in the wallet in a month from today.
What are some great yield opportunities in DeFi these days? The starting point is in Optimism.
15 thoughts on “What are the best yield gen opportunities these days?”
Check out some of the pools on Beefy Finance and Harvest Finance.
They are a good place to start.
On optimism? Velodrome
Not sure about optimism but you could look up Gmx and Gns on arbitrum. Personally, I’m not heavy on DeFi right now and only sticking with LP staking sylo.
If I’m to suggest, I will go with Mnicorp’s NFE optional staking on the polygon network. They offer a sustainable yield system, in which revenue is generated from commercial businesses and backed by land collateral. They have quite a sustainable yield system that’s community-driven and stable.
Pseudo Delta neutral leveraged yield farming.
You have to stay in optimism? Or can go Arbitrum? I would say focus on LP’ing for a high volume, relatively stable ratio pair on Uniswap. You can actively manage it each day and adjust the price range as needed. The difficult part though is that we seem to be moving out of a crab market. That means more volatility (your LP might go out of range) but also more volume (higher fees thus higher APR).
The other option is you just gamble and go long or short on GMX
BTC.b LP Yields on:
I recently bought a few NFTs with Goons of balatroon in opensea. By just holding them in my wallet I get pretty decent yeilds. I get like 15% APR. Maybe you can explore into that.
GLP from gmx.io staked into Olive finance.
Yield vaults on Optimism sorted by TVL: [https://defillama.com/yields?chain=Optimism](https://defillama.com/yields?chain=Optimism)
Play around with the filters if you’re willing to bridge to other chains
Check out sokuswap and sokuNFT on the Ethereum blockchain. Great aprs that have been very stable for months.
Check out Telos and the Defi ecosystem they got going. You can stake your Tlos on EVM and get a liquid staked token while earning 10% from staking. You then can use that same token (sTlos) to earn even more yield by putting it up as a liquidity provider on something like Apeswap. You’ll be surprised how much you can earn. Enjoy the journey!
An IDO or maybe even a tomb fork could yield high profits. Arbiten.finance has a dual peg enforcement never done before. Curious on how it will work out
On optimism, check out Velodrome and OPX. Or even Beefy. Spacefi on zksync/evmos is bubbling too. I’ve been flexing the yield opportunities with H2Odata though, putting my OCEAN to work for very juicy yields and even liquid staking.