#Solana #Cosmos #Eth #Btc #Airdrop
Hi everyone! This is my first post, and i'm not gonna lie, i'm not a posting lover , but what pushed me to write this is the quantity of nonsense that i read here, so i want at least to give you some tricks that will really be a surplus and that could improve your points in the Apps announcing the airdrops.
This strategy can be used in all the Airdrops giving points for opening positions and providing liquidity.
Let's take an example:
-You are collecting points on Kamino Finance (Solana Blockchain).
You have 2 options , providing liquidity or opening a position, so my strategy at the beginning was:
-Providing 200$ liquidity=> Borrowing 1Sol=> Opening a position with it (using a high leverage with which you got a high extra boost multiplier).
-Here i risked to be Liquidated due to the High Leverage and the points that i needed to collect, so i had to be very careful with my postion!
-But fortunately i found a way better solution.
-So i created another wallet called "Wallet 2" , in which the passages are:
-Providing Sol=> Borrowing liquidty=> Opening a position , but this time the position was the opposite of my first wallet.
To make it easier:
•Let's say i have 200$
-We have "Wallet 1" and "Wallet 2" :
-On "Wallet 1" we have 100$ Liquidity => 0.5 sol Borrowed => leverage Long postion
To prevent my "Wallet 1" from losing or risking the liquidation, and because the goal of my Long is to gain points, i now use my "Wallet 2".
-On Wallet"2" i do the opposite: Putting 100$ in Sol=>Borrowing liquidity equivalent to 0.5 Sol=>Leverage Short position.
In this way , you compensated both leverages and can gain extra points without bothering about your position, and you can use the Max leverage!
🚫DO NOT FORGET🚫
-The TakeProfit(TP) of the first position (Wallet 1), should be the StopLoss(SL) of the Second position(Wallet 2).
-You will pay more fees(pennies) in exchange of less stress and more points!
Extra tip: You can open various portfolios and make use of the referral strategy!
