Author: Tindorr, crypto KOL

Translation: Felix, PANews

Many people believe substantial capital is required to trade, farm airdrops, or generate yield—but that’s not actually true. Below are 4 strategies and 10 protocols used by crypto KOL Tindorr to maximize asset potential and capture all available yields immediately. Whenever you perform an action (lend/borrow/stake), try to use a tokenless protocol to increase your chances of qualifying for future airdrops.

Staking + Airdrop Farming

The best staking platforms on Ethereum are EigenLayer and Blast. If you hold ETH or SOL, it's ideal to stake them to earn additional yield from staking (3%-7% APR).

For EigenLayer, it’s recommended to prepare stETH and rETH and wait for the right moment, as EigenLayer could become a major narrative in 2024.

Blast could experience massive growth in 2024. It currently runs a points system where you can earn more airdrop eligibility by depositing ETH (non-withdrawable before February 2024) and inviting new users, with expectations of a very large airdrop.

Lending/Borrowing + Airdrop/Rewards Farming

If you're looking for lending protocols, consider fast-growing networks like Solana and Sui.

On Solana, Marginfi runs a points system where borrowing and lending activities earn you points. The author lends SOL on this protocol to earn APY plus points and potential airdrop rewards, and borrows USDC when needed.

On the SUI network, Scallop allows stablecoin borrowing. Borrowing USDC still earns 10% APY. You can transfer assets to the SUI network via the cross-chain protocol Wormhole, which may also qualify you for a potential Wormhole airdrop.

DeFi Yield Farming (High-Yield Only) + Optional Airdrops

If you’ve completed the above steps, now seek ultra-high-yield opportunities that match your risk tolerance—ideally with potential airdrops.

Recommended protocols:

• IPOR Labs: 40% APR on ETH and stablecoins (USDC/USDT/DAI), no IL (impermanent loss)

• Stella: 95% APR on leveraged wstETH on Arbitrum, near-zero IL (impermanent loss)

• Cega: 48.32% APR on USDC options

On-Chain Trading + Airdrop Farming

If you’re currently trading on CEXs, consider shifting to DEXs and trading on-chain. Some may lack DEX trading experience, but it will all be worth it when you qualify for airdrops.

The author currently trades on three DEXs:

• Drift Protocol: A derivatives exchange on Solana with rising trading volume

• Hyperliquid: Perps on Arbitrum with CEX-like experience and a strong team

• Derivio: Leading derivatives ecosystem on zkSync

Some perps and DEX platforms are account-based protocols, meaning you can cross-utilize a single account—for example, deposit assets like ETH or SOL as collateral and trade perps across the platform.