
Originally Posted by
SathFenrir
There’s a DeFi 5x leverage protocol for the Solana ecosystem launching in the next few weeks so I moved a lot of ETH and ADA into SOL, RAY, and SRM and built up a big yield farm for SRM-RAY in anticipation of this and in case they choose to release partial allocation via airdrop (been discussed on their discord). SRM and RAY went on huuuuuuge discounts today so I bought up a lot.
I’m in a holding pattern for now with that money which is probably 20% of my total portfolio. I only have a few hundred left in ADA.
I’m hoping it moons for you tomorrow. Another friend is big in ADA in anticipation of the coming news too.
If mango doesn’t fuck this up it’ll be a legit way for US traders to trade with leverage and the SEC wont have any say in it whatsoever. No KYC needed at all. I am expecting it to be big if they get it right.