5 天前
Starting to share more concrete investment strategies — here’s the first one: Mad Lads are currently at ATL, at least in SOL terms (≈29.7 SOL). Even in USD, it’s the lowest price in over a year (~$5,200). Honestly, that’s hard to understand. Backpack has an ongoing points program, now in Season 3 (likely out of 4). That means there’s probably a token + airdrop coming at some point. Even though Armani and the team are trying to keep expectations low (especially for Mad Lads holders), there’s still a high chance Mad Lads will moon. It’s always been like that, and it probably always will be. I’m a buyer here, but instead of staking the NFT like my other Mad Lads, I’ll keep it for a quick flip. Buying on @MagicEden, where Season 3 runs until December 15, with 12M $ME in rewards! To stay liquid, I’m borrowing USDC on @RainFi_ against my Mad Lad — the LTV is around 70-90%, which is great. Just remember to extend your loan when needed. Then I farm @hylo_so, swapping my borrowed USDC for sHYUSD (earning 17%+ APY) — which is around the same as my RainFi interest Will revisit this in a few months
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