My Cap Points Farming Strategy: Choosing LP-cUSD For those who minted cUSD to farm @capmoney_ points, there are now a variety of options available beyond simply holding cUSD. The activities offering the highest point allocation are as follows: • YT-cUSD / LP-cUSD: 20x Caps • cUSD holding: 10x Caps • YT-stcUSD / LP-stcUSD: 5x Caps Among these options, I have chosen LP-cUSD for the following reasons • Yield Token (YT) Risk: YT is a yield product, so you have to consider the risk of interest rate volatility and value decay over time. • Low Efficiency of stcUSD: While stcUSD can maximize yield, the lower point multiplier of 5x was not attractive enough for me to give up a quarter of the potential points. Therefore, I chose LP-cUSD because it is less complicated and more efficient than just holding cUSD. I believe it requires less active management, and the low possibility of depegging also means lower impermanent loss. (Of course, the biggest reason was that I couldn't afford to miss any points because I was at a disadvantage with the cap.) This activity runs for six weeks starting September 1st. I will continue to farm Cap points using this LP-cUSD strategy, and I will share any new developments. Simple guide for earn Here is a step-by-step guide • Swap USDC for cUSD or stcUSD: Use an Ethereum-based USDC to swap for cUSD or stcUSD on the Cap swap site (cap.app/swap) • Access the Pool: Connect to the corresponding token pool cUSD: app.pendle.finance/trade/pools/0x… stcUSD: app.pendle.finance/trade/pools/0x… • Toggle "Keep YT Mode": Make a personal choice between a fixed and variable interest rate by toggling "Keep YT Mode." Turning "Keep YT Mode" on means you are choosing a variable rate via YT-cUSD or YT-stcUSD. I hope this helps anyone planning to farm stablecoins and Cap points! OMEGA Σ:
My Cap Points Farming Strategy: Choosing LP-cUSD For those who minted cUSD to farm @capmoney_ points, there are now a variety of options available beyond simply holding cUSD. The activities offering the highest point allocation are as follows: • YT-cUSD / LP-cUSD: 20x Caps • cUSD holding: 10x Caps • YT-stcUSD / LP-stcUSD: 5x Caps Among these options, I have chosen LP-cUSD for the following reasons • Yield Token (YT) Risk: YT is a yield product, so you have to consider the risk of interest rate volatility and value decay over time. • Low Efficiency of stcUSD: While stcUSD can maximize yield, the lower point multiplier of 5x was not attractive enough for me to give up a quarter of the potential points. Therefore, I chose LP-cUSD because it is less complicated and more efficient than just holding cUSD. I believe it requires less active management, and the low possibility of depegging also means lower impermanent loss. (Of course, the biggest reason was that I couldn't afford to miss any points because I was at a disadvantage with the cap.) This activity runs for six weeks starting September 1st. I will continue to farm Cap points using this LP-cUSD strategy, and I will share any new developments. Simple guide for earn Here is a step-by-step guide • Swap USDC for cUSD or stcUSD: Use an Ethereum-based USDC to swap for cUSD or stcUSD on the Cap swap site (cap.app/swap) • Access the Pool: Connect to the corresponding token pool cUSD: app.pendle.finance/trade/pools/0x… stcUSD: app.pendle.finance/trade/pools/0x… • Toggle "Keep YT Mode": Make a personal choice between a fixed and variable interest rate by toggling "Keep YT Mode." Turning "Keep YT Mode" on means you are choosing a variable rate via YT-cUSD or YT-stcUSD. I hope this helps anyone planning to farm stablecoins and Cap points! OMEGA Σ:
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs my dude knows. we playing same game - i padded some YT-cUSD (low $ value) to double up the point. not sure how long the epoch last for
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs thanks for the tweet i applied the strategy
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs Cap is good project bro
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs This guide is super helpful for a newbie like me just getting into the MegaETH ecosystem. Thanks a lot my bro
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs Smart honeybee
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs same strategy here. running LP-cUSD is the safest. racked 200k points already. nice one.
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs LP-cUSD sounds solid steady points without the drama. wonder if others will shift away from YT risk this round
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs smart moving! OMEGA Σ:
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs Smart moveing wow LP-cUSD more points low risk simple and powerful good for you
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs I did the same yesterday :). Thks for sharing
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs lp-cusd is the way, easy 20x caps. lfg
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs 모자 모으는거죠? 🎩 🎓👒🧢🪖⛑️
@hyeon__dev @capmoney_ @0xMegaMafia @Benjamin918_ @stablejae @megaeth_labs Smart move going LP-cUSD less hassle more points lower risk simple and efficient maximize yield without overcomplicating