What treasure do you use; isn't the total pledged yield higher than yours?
快乐的小海豹
--
So good🎉... The hedging participated in the launch poll of the neighboring gate's $ON new activity. I just calculated the profits, and they are quite nice 🤣🤣, see image one.
The principal investment is about 10,000u, split into contracts and spot at a ratio of 2:3. Contracts for hedging and spot for staking. The contract leverage is about 1.5x. It's a bit more aggressive than usual hedging.
The reason I didn't use 1x leverage for hedging this time is to improve capital efficiency. At that time, I felt that this coin was unlikely to skyrocket and get liquidated. Even if it suddenly surged by 66.67% and got liquidated, I could sell my spot at any time, as long as I'm quick, it shouldn't be a big problem.
Looking back now, it still feels a bit risky.
A few days ago, I actually wanted to participate in the staking activity of Binance's $MMT , which had an annualized rate of up to 800%, and the head mine's annualized rate was even as high as 4000%. However, that Binance activity is fixed term, and you can't withdraw at any time, plus MMT has a bad history, making it easy to get liquidated in hedging. So I gave up.
PS: Hedging has risks, don’t blindly follow me…
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.