Update: $WLFI
I just tried the bet $WLFI x USD1 on Solana, it feels more like a narrative play than yield farming. The team is pushing USD1 with the $BONk, $Raydium, $america_dot_fun community, while $VALOR is the major pair after the $1 coin so I prioritize investing first
How I did it:
1) Follow news from $wlfi
, watch for when they buy USD1 pairs
2) Enter small LP on Raydium for the pair with $VALOR, set volume alert
3) Trade spot $BONK/$SOL to hedge, take profits as expected
4) Remember the risks: $WLFI has ~72B tokens yet to unlock, TVL has previously been -96%, narratives can move faster than technology
Anyone following the P2P branch should pay attention to $Bubl, the story of "Venmo of #crypto" could attract capital. What pair are you choosing for this round #DeFi #Solana $btc $eth $sol $wlfi $valor $bonk $usd1 $pump