NX Finance's Composable Leverage Protocol, allowing users to unlock PerpDex LP yields and rewards within the Solana ecosystem;
Invitation link: https://nxfinance.io/airdrop?inviteCode=ligoudan$SOL
🐠: Leverage - Amplify SoL yields
💗: Lend - Lend USDC, USDT, and SOL through two pools: Jupiter Lending Pool and Nx Lending Pool
☁️ Tutorial:
1️⃣ Use JLP to borrow SOL, maintain a leverage of around 1.2, and keep the Health Factor above 2.5 to avoid liquidation.
2️⃣ Currently, there is a Jupiter pool, and personally, I operate by depositing USDC with an APR of around 13.58%. Another option is to deposit SOL in the Nx Lending Pool.
🐠 Strategy:
1: In addition to using leverage and lending to increase rewards, you can also
@Backpack_CN
wallet to increase rewards by 10%.
2: Buy MadNXX NFT to enjoy an extra 10% bonus reward.