🚨🦄 220% APR for FTM staking | 43000% APR for AVAX
Check out Tomb and its fork Hermes finance. First algorithmic tokens pegged to FTM and AVAX.
👉 How to earn on it (we’ll show on the tomb example, but as you can notice the concept for Hermes is the same):
1. Buy the TOMB token. Tomb is pegged to FTM and should cost the same.
2. Provide liquidity for TOMB - FTM pair
3. Stake TOMB - FTM LP = Earn TSHARE. TOMB and FNT have the same price, which means you have a low Impermanent loss risk. Same as with stable coins.
3. Stake TSHARE - FTM LP = Earn TSHARE. Sell a half and re-compound the rest.
4. Profit!
Check the strategy for Hermes here. ❗️IMPORTANT❗️The price for HERMES is OVER the peg now. It’s better to wait until the price will go down and be equal to AVAX.
If you have FTM and AVAX in your portfolio, Tomb and Hermes are great opportunities to boost your profit.
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