Another $WIF whale is buying #dogwifhat

After a month of dormancy, the whale deposited 700K WIF ($1.25M) to #marginfi 1 hour ago and borrowed 197K #USDC to buy 110K WIF.

The whale currently holds 3.3M #WIF ($5.94M).

Hi all,

another airdrop strategy in respect of #marginfi and #Kamino Finance. For this potential airdrop real money is needed to farm points and become potentially become eligible for the airdrop.

The airdrop strategy is very straightforward:

1. go to marginfi page with the following link (incl. my referral): https://www.mfi.gg/refer/382942e5-aeaf-4539-9e58-de2069282644

2. Supply some tokens, e.g. USDT, USDC, JUP, SOL, jitoSOL, mSOL, and many more. 1$ supplied earns you one point a day.
3. optional strategy which involves more risk: With the supplied tokens as collateral, you can borrow against the tokens. MIND THE LTV in order to get not liquidated. Each $ borrowed yields 4 points.
4. A relatively low risk trade would be to supply USDT and borrow USDC. As USDT mostly earns more yield than USDC you're earning a positive margin.
5. You can use borrowed funds to farm points in Kamino Finance and earn points there, thus participating in their points programme (there are some additional ways to include even more protocols, e.g. Meteora)
6. In Kamino borrow against supplied collateral, transfer borrowed tokens to marginfi (thus increase supply points and lower LTV there). MIND THE LTV in order to get not liquidated.

No financial advice. Do your own research!
Good luck!

If you like, please follow and like.
Happy also if you use the above link to start farming points :-) thank you!