Recently, River has been rising too aggressively; it's impossible not to pay attention~
Since I didn't participate earlier, I've been looking for any opportunities to get involved these past few days.
I actually found a few, as follows:
1/ Buy River Pts and convert them into locked River through the Conversion 2.0 airdrop system. Based on the current River price, the potential return could be about 15 times;
2/ Directly buy Pendle YT, wait for points to accumulate, and receive an airdrop at the end of the season, which could yield several times returns;
3/ Go to Pancake and form an LP with SatUSD/USDT, which has a 25X points bonus, with the official annualized estimate being 140+%;
After weighing various factors, I still believe the first option has the best risk-reward ratio.
On one hand, the annualized return after locking is incredibly high; on the other hand, the cost and structure of acquiring Pts are relatively simple.
For example, with a current investment of $100, you can obtain about 9,447 Pts, which can be exchanged for River at the real-time exchange rate after locking. According to official data, the same 9,447 Pts, if chosen for a 3-month lock-up period, could be exchanged for about 12.07 River;
At the current price, this part of the value is already close to a thousand U, equivalent to getting nearly 10 times returns in three months with $100. Additionally, if you are willing to wait longer, choosing a 12-month lock period could yield about 15 times potential returns~
However, it should be noted: the returns from this strategy will still be affected by price fluctuations, and with the funding rates remaining high, the method of hedging to lock in profits may not be suitable in the current environment.
But personally, I believe finding an opportunity to hedge some returns is still feasible.
The recent hype around River is clearly closely related to the $8 million strategic investment from Sun, which I believe most people are already aware of, right?
Thus, River's total strategic financing has now reached $12 million.
Additionally, while researching their rules and looking for opportunities, I found that their tokenomics has been continuously adjusted.
Wow, it’s intense; it’s that time again to see everyone getting hundreds of times returns.
Note: The above is for informational sharing only and is not investment advice; please make sure to do your own research!
DeFi Enthusiast: BitHappy


