Make $25,000 from Solana Airdrops!

46qh...gr7e
7 Jan 2024
69

Hi everyone, today I will be talking about the possible Solana airdrops and my strategy!


Solana Airdrops


Solana ecosystem is pretty hyped for the airdrops right now especially after the minimum $10,000 JTO airdrop. Now I will show you the coming airdrops on Solana and we will earn point from the 3 different platforms using the same money. Let's start!


1) Marinade Finance


Marinade Finance is a platform that you can stake your $SOL and earn passive income. Right now the APY is 6,6% but it change in time.

Head over the site using the link https://marinade.finance/app?ref=3f6kpt8m


Connect your Phantom wallet. And press ''Stake More SOL''.
Then stake your $SOL. I will be staking 12 $SOL right now.


As you can see we will be taking 10.35 $MSOL for our stake. 10.35 MSOL = 12 SOL , their price are moving together. Now we will use our MSOL.


2) Kamino Finance


Kamino Finance is a lend/borrow platform on Solanai just like marginfi ( I have mentioned in my first article and will be mentioning on this one too). Right now Kamino did not announce the Airdrop system but they will be having point system that will be introduced.


Head over the site using the link https://app.kamino.finance/ and then connect your Phantom wallet. At Kamino Finance we will lend our 10.35 MSOL that we have earned for staking SOL at Marinade Finance.


We click supply for the MSOL and approve the transactions from the Phantom Wallet.


After suppling our MSOL as you can see we will have a borrowing power. With that power we will borrow SOL from the Kamino Finance. I will borrowing the max SOL that Kamino gives me.


3) marginfi


Now we have the $SOL borrowed from the Kamino we head over the marginfi using the link
https://www.mfi.gg/refer/9930aeb4-7ce1-4e2c-996b-22536431da89

After connecting our wallet we will go to the stake page where we stake our SOL and gain LST.
After minting the LST we will lend LST from the lend page.


After lending the LST we will have borrowing power at marginfi. At that point you can borrow any other coins and lend them again to gain maximum points in the limits of the Account Health.

At marginfi :
each dollar lended gives you 1 point
each dollar borrowed gives you 4 point

Kamino is an early platform that should not be missed, after the announcing point system they might explode and it will be beneficial for us to be early in my opinion.

On the other hand marginfi is becoming hard to farm points but I think it will be worth to start at any phase.

Thanks for reading my article and good luck with the Airdrops!

Again my score looks great so good luck with the BULB too!



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