How to Earn Crazy Yields on Ethereum & BTC with Ionic Money (and Hedge Your Bets Like a Pro!)

By Bfab | Good vibes | 6 Mar 2025

If you're into DeFi and looking for a way to earn insane annual yields on Ethereum and BTC, I’ve got something you need to check out: Ionic Money. This protocol is currently offering some wild returns, and I’ll walk you through how to get started—from buying crypto on a centralized exchange like Binance or Coinbase to earning yields on Ionic. Plus, I’ll show you how to hedge your bets to protect yourself from market volatility. Let’s dive in!

Step 1: Buy Crypto on a Centralized Exchange

Start by purchasing Ethereum (ETH) on a platform like Binance or Coinbase. These are beginner-friendly and make it easy to onboard into crypto.

Step 2: Set Up a Self-Custodial Wallet

Next, create a MetaMask wallet (or any self-custodial wallet). This is where you’ll store your crypto securely. Remember, not your keys, not your crypto!

Step 3: Withdraw to Your Wallet via Base

Once your wallet is set up, withdraw your ETH from the exchange to your MetaMask wallet. If you’re using Base (a Layer 2 blockchain), make sure to bridge your assets to Base for lower fees and faster transactions.

Step 4: Connect to Ionic Money

Swap almost all your ETH for WETH using any DEX on Base (e.g., via Odos). Head over to Ionic Money (https://app.ionic.money) and connect your MetaMask wallet. Here, you can deposit your WETH (or CBBTC if you swapped your ETH for CBBTC instead of WETH - APR on CBBTC is currently 75%...) into the lending pool to start earning those juicy yields. Ionic also lets you borrow other cryptocurrencies (like XRP) outside the Ethereum ecosystem, which you can use for shorting or liquidity provision.

Step 5: Hedge Your Bets with Vertex Protocol

DeFi is risky, so it’s smart to hedge your investments. I personally use Vertex Protocol (https://app.vertexprotocol.com?referrer=breakdownfab) to short a portion of my holdings. This way, if the market dips, I’m protected. Plus, you can earn rewards by using my referral link!

Final Thoughts

Ionic Money is audited and offers some of the best yields I’ve seen, but always do your own research (DYOR). DeFi comes with risks, so make sure you understand what you’re getting into. And don’t forget to hedge—Vertex is a great tool for that.

Ready to start earning? Watch my video below for more details👇