Contest submission: RAD farming

Well, my strategy is as simple as it’s beautiful:
I like to limit my risk systems, so only DAI, DROP and RAD will be used. The goal is to farm as much RAD as possible.

  1. 30k DAI to invest
  2. Buy 30k DROP of a Tinlake pool that is accepted as collateral on MakerDAO
  3. Lend DROP
  4. Borrow 15k more DAI against DROP (assumed collateralization ratio of 50%)
  5. Buy 15k more DROP of same pool or diversify with TIN
    => Now it doesn’t make sense to repeat borrowing anymore due to 10k invest limit on Tinlake.
  6. Get RAD for 150% of my capital :sunglasses:
14 Likes

Slow down fren. First you have to like my comments to earn you some RAD🥶

12 Likes

Good strategy, bro! Do you already tested it?

3 Likes

Sounds like you know what your doing lol. Great plan

2 Likes