# Solana Season ?

By [prastianhd.eth](https://paragraph.com/@prastianhd) · 2023-11-12

---

The TLDR of this strategy:

❍ Stake SOL for JitoSOL (LST)

❍ Deposit JitoSOL on Drift Protocol

❍ Deposit collateral on MarginFi and borrow more JitoSOL

❍ Use Mayan Finance to bridge more funds as collateral

![](https://storage.googleapis.com/papyrus_images/5f2adbc1f0109aafa1796320cfa3b988299711ec7c52d23a3a0bfab76bd77394.jpg)

1\. **JitoSOL**

     JitoSOL is offering Jito Points for these:

     ❍ Holding JitoSOL

     ❍ Using JitoSOL in DeFi (lending, liquidity etc.)

     ❍ Referring friends

     ~ Funding : $10M

![](https://storage.googleapis.com/papyrus_images/60fa82563a9ae2c118d34fd881c5112fecda89ceedeb9bd5d0096c7b99e5edfe.jpg)

     **_~ Link :_** **_jito.network/staking/?ref=10_**

     ~ Deposit Your SOL Any Amount ( Try above $10 SOL )

![](https://storage.googleapis.com/papyrus_images/0979c010c245cab9997a27bb9bafcee50d2f6b3b150153f70285eec09e9d5806.png)

2\. **Drift Finance**

*   By depositing collateral into Drift Protocol, users can:
    
    *   trade perpetual swaps with up to 10x leverage,
        
    *   borrow or lend at variable rate yields,
        
    *   stake / provide liquidity,
        
    *   swap spot tokens
        

     ~ Funding : Drift Labs Raises $3.8 Million in Seed Round

![](https://storage.googleapis.com/papyrus_images/f5ed812aa9b53c2c4154fae89c872aad751286a9a26c1c3d4d054d601d8739a1.webp)

Notable angel investors include: Jason Choi (Spartan Capital), Julian Koh (Ribbon Finance), Loi Luu (Kyber), Celia Wan (Dragonfly Capital), Dom Tsang (Solana), Hassan Bassiri (Arca), Zhuoxun Yin (Coinbase/dYdX)

**_Link :_** [**_app.drift.trade/ref/10_**](https://app.drift.trade/ref/10)

~ Deposit 50% from all your JitoSOL

![REWARD CONFIRMED](https://storage.googleapis.com/papyrus_images/b07408f393fe21c4f7a9203273323c201af45280af0568a80050bf9f4b514e03.jpg)

REWARD CONFIRMED

---

*Originally published on [prastianhd.eth](https://paragraph.com/@prastianhd/solana-season)*