GM Opportunities #14
Gm with Actual Farming & Shitcoining Opportunities, From Shittiest of Memecoins to Proper Farming Opportunities, Delivered to You On a Weekly Basis
Welcome to the Fourteenth Episode of GM Opportunities
In this Weekly Series, you’ll find actual alpha that you can take advantage of, beyond the bits and pieces of alpha that you’ll find on the Daily GM Digest
This week, we'll explore NFT & Farming Strategies that are pretty interesting in the space right now
Boink!
Boink! is a blockchain game whether players are able to earn $BERA prizes. The game starts with a 1-minute timer. Each “Boink” resets the timer and decreases it by 2 seconds. When the timer hits 10 seconds or less, it stops decreasing. Each Boink then resets it back to 10 seconds. If no one Boinks before the timer runs out, the last Boinker wins. Once the timer expires, the next Boink triggers the next round
Users will need to use their native $BOINK token to participate in the game with the rewards being distributed by the tax collections. The more the $BOINK is traded, the bigger the size of the prize pool
The team is currently having an NFT slow mint for Honey Crystal NFTs (HCNFT) in anticipation of mainnet launch. HCNFTs have a 4000 total supply and holders will be airdropped $BOINK while also having $BOINK discounts when participating in the game.
Additionally, when Berachain mainnet is live, users will be able to stake their HCNFT in the Beehive to get rewarded with $BERA that is accrued from $BOINK’s taxes
The mint is currently at Phase 2 and the price is 0.0325 ETH per HCNFT
Superform
• @superformxyz is a universal yield marketplace that allows developers to deploy their vaults once and list them on Superform for access across all chains. Users can deposit into any vault from any chain using any token
• The protocol leverages infrastructure like LiFi and Socket for cross-chain liquidity and data processing, which presents a double airdrop farming opportunity in itself
• Additionally, Superform supports cross-chain intents for seamless execution, multi-AMB architecture for enhanced security, and SuperPositions for flexible yield management
• Recently the team revealed that they managed to raise $6.5M led by led by@polychain w/ participation from @BlockTower, @Maven11Capital, @CMT_Digital, @circle_ventures, @CryptoHayes and @PrimordialAA
• Superform is currently in gated access, and only whitelisted users can deposit tokens to earn yields and potentially qualify for an airdrop. Your best bet to get on the whitelist is to complete their latest Galxe quest in order to earn an NFT that grants access
https://app.superform.xyz/
Redacted x Sturdy
• Currently there is a nice opportunity to farm some yield on @SturdyFinance using @redactedcartel's $pxETH. $pxETH is obtained by depositing ETH into Pirex ETH and represents staked ETH in Dinero validators
• Sturdy is an isolated money market with shared liquidity. To earn yield, users can deposit $pxETH into the pxETH aggregator, lending to the Yearn Curve pxETH/stETH Silo and earning $STRDY and $BTRFLY rewards
• Alternatively, users can leverage yspxETH by depositing Curve LP pxETH/stETH into Yearn, borrowing against yspxETH, or using $pxETH as collateral directly on Sturdy Finance Silos
• Rewards can be claimed or redeemed weekly. Also, keep in mind that your $BTRFLY tokens can be locked into $rlBTRFLY for additional rewards. The pxETH aggregator currently yields around 35% APY
https://v2.sturdy.finance/aggregators/ethereum
Ethena Shards
• Farming @ethena_labs shards is probably the best stablecoin farm out there at the moment. Backed by the biggest KOLs in the industry, and having raised $6.5M in a seed round it's easy to see why
• Ethena's Shard campaign launched alongside $USDe, replacing points with shards to track user contributions. The campaign will have short seasons called "Epochs" with incentives for various activities
• In the first epoch, users earn shards by providing liquidity to Curve's USDe pools via Ethena's platform. They get 20 shards per day for each dollar's worth of LP token locked. Additional shards are earned by depositing USDe outside Curve and holding unlocked USDe or sUSDe. The epoch ends in two weeks or when $100m worth of LP tokens and USDe are staked
• The yield on your stables derived from LSD $ETH Yields + Short $ETH Funding rates, currently stands at about 27% APR. On the other hand, the shards are trading for 0.006$ on Whales Market at the moment
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*