An Airdrop Guide for Solana $BLZE Token
Let's delve into a step-by-step guide to leverage for bSOL across multiple platforms like Orca, Raydium, Meteora AG, Kamino Finance, and HawksightCo.
Step 1: Seize the Benefits of Staking $Sol for $bSol on Solblaze.org
To kickstart this strategy, head to Solblaze.org, where staking your $Sol for $bSol offers a substantial 15%+ APY. This not only includes liquid staking rewards but also opens the door to regular $BLZE airdrops, laying the groundwork for forthcoming steps in this multifaceted strategy.
Step 2: Amplify Gains by Depositing $bSol as Collateral on Marginfi
Take your accrued $bSol and deposit it as collateral on Marginfi, a move that positions you favorably for the upcoming Marginfi airdrop. Act swiftly, as capacity is currently at 50.69%, hinting at the urgency to capitalize on this opportunity before it reaches its limits.
Step 3: Leverage Borrowed $JitoSol on Jupiter Exchange via Marginfi
Utilize Marginfi to borrow $JitoSol at a low borrowing cost. Subsequently, convert these borrowed tokens into $bSol on Jupiter Exchange. This strategic move not only opens doors for additional airdrops from Solblaze due to possessing $bSol but also earns more points from Marginfi for borrowing, all while mitigating costs and risks.
Step 4: Embrace the 600%+ APY Opportunity by LP'ing $bSol - $BLZE on HawksightCo
As the culmination of this comprehensive strategy, start receiving your $BLZE airdrops and subsequently engage in Liquidity Providing (LP) in the $bSol - $BLZE pool on HawksightCo.
It's crucial to emphasize the need for thorough research and understanding. While this strategy aligns with the potential for substantial gains, it is not financial advice.