Farms of the Week - Cosmos & Celestia Airdrop Farming!
Yield opportunities for the Humble Farmers...
GM Humble Farmers!
It's the holiday season, and our gift to you is a new list of protocols to farm.
Here are our Humble Farms of the Week.
1. Canto
Our first farm of the week is Canto, which is a Cosmos-based L1 that has recently pivoted to focusing on RWAs.
These tokenized treasuries have already started to go live, and users can leverage up on treasury yields while earning $CANTO incentives.
These pools on Canto have been extremely lucrative, especially if you're looking for stable yields.
We're looking at...
• CANTO/NOTE @ 76% APR
• CANTO/ETH @ 42% APR
• NOTE/USDT @ 30% APR
• cNOTE/USDC @ 27% APR
Our next farm for this week is Kamino, a completely hands-off market-making platform built on Solana.
With this most recent influx in Solana trading volume, Kamino's automated trading vaults have been performing extremely well.
Some of our favorite vaults include...
• RNDR/USDC @ 257% APR
• JTO/SOL @ 212% APR
• mSOL/USDC @ 174% APR
• BLZE/bSOL @ 156% APR
3. Kelp DAO
Next up on our list is Kelp DAO, a liquid restaking protocol leveraging Eigenlayer.
Users can currently deposit LSTs like ETHx and stETH to earn Eigenlayer points as well as Kelp Miles, which has caused TVL to skyrocket to over $120M.
Eigenlayer is set up to be one of the biggest launches of 2024, and positioning for an airdrop could be extremely lucrative.
On top of this, you can farm the Kelp DAO airdrop as well as a 30% staking bonus via Stader.
4. Camelot
Our next farm of the week is Camelot, the liquidity hub of Arbitrum which continues to provide some of the best yields in DeFi.
ARB Stip season is still underway, which has been made Arbitrum one of the best chains to farm at the moment.
While there are dozens of pairs to choose from, here are some of our favorite farms...
• ARB/USDC @ 259% APR
• GMX/ETH @ 185% APR
• GRAIL/USDC @ 180% APR
• USDC/MIM @ 67% APR
5. Perennial
Our last farm for this week is Perennial, a perpetual exchange on Arbitrum.
Similar to Camelot, Perennial has been the recipient of the ARB STIP which has made providing liquidity very lucrative.
Vault depositors can currently earn 83% APR in the ETH and LINK vault, or 186% APR in the SOL, MATIC, and BTC vault.
Perennial is also yet to release a token, so positioning for an airdrop within the future could be a good idea.
Conclusion
If you enjoyed and want to see more content like this, feel free to check out the Humble Farmer Army premium discord here.
You’ll get access to:
Weekly Premium Content
An Exclusive Community
DeFi Yield Strategies
Degen Farms & New Launches
DeFi Education & Analysis
And Real-Time DeFi Alerts
Humble Farmers Rejoice!