Since our launch, many community members had farmed great yields on Francium through our lending and leveraged farming protocol. On Francium, you can find asset pairings with popular tokens in the Solana ecosystem such as SLRS-USDC and LIKE-USDC, with APY as high as ~7000% enabled with our leverage farming functionality.
For all the Francium early users out there, the community is curious on how you guys have been farming on Francium. Share your journey with us and win rewards!
Participation:
Between 16 Sept, 2021, to 20 Sept, 2021, simply share your yield farming strategies on our Discord server to earn Contribution Points (which you can exchange for whitelists and airdrop allocations) and also win from a USDC prize pool with over $1,000 up for grabs! 💰
Instruction:
Not sure how to start? Francium got you covered. Here’s a simple template you can fill in to get started with your sharing.
Template & Example:
- Discord ID: Alice#9999
- Account Address: EG22z9q19n3aqX3gYSvnirW5uy2BEfgof7DKLPyFpqEV
- Strategy Reasoning:
As I was optimistic about the low valuation of A Token and the APR was attractive at 200%, I chose the AToken-USDC pool for mining. As I was concerned about the recent market fluctuations, I only went with 2x leverage and 25% stop loss was set for the position. (You can add the analysis logic for the choice of pairing, leverage ratio and stop-loss settings) - Strategy Outcome:
During the period from X to Y, the value of LP increased by 5%, and the mining revenue was 15% on my capital. - Strategy Review:
Mining revenue is in line with expectations; LP value has increased less than expected. Next time, I can consider increasing the leverage appropriately with better risk controls.
We will be selecting the top 6 strategies from all your contributions. The strategies are picked by the effectiveness and creativity, so do go into the details! The more you share, the higher chance of winning. We would love to hear your strategies, you can even let us know how you have hedged your farming positions with products outside of Francium.
Rewards:
1st place: 1 user — 200 USDC + 2000 Contribution Points
2nd place: 2 users — 150 USDC + 1500 Contribution Points
3rd place: 3 users — 100 USDC + 1000 Contribution Points
Active User Award: 5 users — 50 USDC each
Winners and actively participating users will be given the OG title as well. Don’t miss the chance!
Be Part of the (Chemical) Equation — Join Francium!
We can’t wait to tell you more about the exciting plans ahead. As we inch closer to our IDO date, we are lining up community activities for you. Be part of it! Join our social media channels below.
Check out our socials:
- 🌐 Official Website: https://francium-protocol.io
- 🐦Twitter: https://twitter.com/Francium_Defi
- 💬 Telegram: https://t.me/franciumprotocol
- 👾 Discord: https://discord.gg/53rrwuRFra
