IMPORTANT
I donāt know why you guys arenāt farming perp DEXs.
Iām currently farming 4ā6 perp DEXs, and out of those, only one has done its TGE so far. For the second perp, I chose the NFT option.
On Lighter, I spent only $400 in fees and got $1,700 airdrop at TGE. Same with Nado I spent $100 in fees and received an NFT worth over $1,000.
Hereās the simple strategy:
Try to join as early as possible. If youāre scared of getting liquidated, use $20 with 40xā50x leverage. Open and close trades quickly. This way, you can avoid slippage and reduce price impact.
Repeat the process: deposit $20, generate volume, and aim to spend around $200ā$400 in fees per perp. You can potentially make 3xā4x from airdrops.
Hereās what Iām currently farming:
Mostly focused on Ethereal, Extended, 01 Exchange, Genius, Hyena, and Pacifica. Iām currently over $1,000 in profit at OTC prices in the first two perp DEXs.
This is a good strategy for small users focus on farming points early and at a low cost.
here is list:
https://docs.google.com/spreadsheets/d/1AWxwaIY7Y7i-pKx8ekbjVPem5fgG-zzvcfa9BW5AvFE/edit?gid=0#gid=0