Degen strategy for $SEI Holders: farm 71% APR by utilizing your SEI in DeFi. ➩ This strategy will use spSEI (a liquid staking token pegged 1:1 with SEI by @splashing_xyz). You will receive 4.39% APY just by holding spSEI. Now, instead of just holding it, I optimize it in @YakaFinance spSEI/SEI pool and boom, 67% APR on top. Low price volatility since it’s SEI vs staked SEI, but yield is 🤯 @splashing_xyz has only been launched for a month but has already reached the top 11 in TVL on @SeiNetwork. Besides the APR, I personally think there are other rewards worth anticipating 👀 ==== How to ape in: 1️⃣ Stake your SEI on @splashing_xyz → get spSEI (4.39% APY). 2️⃣ Head to @YakaFinance → Earn → find spSEI/SEI pool → add liquidity → farm. ==== *Note: Initial conversion cost is 0.20%, and net APY is 4.17% (4.39% minus 5% fee) on Splash I'm all about farming with LST pairs to dodge price swings while raking in high APR with those hidden rewards. This is a killer strategy on Sei.
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