Hello guys, my name is Le Dex and I try to make a sequence of the the best DeFi Strategies that I use into crypto space ! Of course, this is not a financial advice and you should do your own research before you invest in anything. Remember DYOR (Do Your Own Research).

This is the 2nd episode of De-Fi Strategies and today I'm gonna inform you about my Harmony ONE strategy. Harmony is not a blue chip, but I guess it is a medium risk asset which covers 5-10% of my portfolio. So, let's take a look to https://twitter.com/Defiraverse

You can check Defira in this medium article https://medium.com/@Curious.one1/missed-defi-kingdoms-this-project-on-harmony-will-flip-dfk-and-heres-why-45d28aeea221 join them to twitter and discord and of course DYOR ! It is a combination of decentralized exchange with yield optimizer, lending protocol, liquid staking and many other ideas of Decentralized Finance ! But the best part ( in my opinion ) is that it is a game too .Defira gives us the opportunity to play the game https://game.defira.com/#/game/city or deal only with the Dex https://app.defira.com/#/swap . There are many potential to this, because we are in a pre-game phase and you can still catch early if you want (not even the heroes have appeared yet! ). The teams behind this is #Tranquil Finance and #Mimas Finance.

Anyway, this was a little summary about Defira for those who want to investigate more than the farm $ONE . Let's move to the farm thing. First of all, you should have a Metamask account with Harmony network . If you don't know how to import Harmony network into Metamask you can leave a comment down below or you can type me in twitter. I will soon make a thread about how to add all networks to Metamask. 

Second step, move to https://app.defira.com/#/swap or inside game and connect your wallet. You will see in the left corner some tabs, use the Farm tab:

Here, you can see all the farm potentials, the one I'm talking about is $stONE-$WONE 152% pool cuz I don't want to take the risk of impermanent loss with my $ONE... $stONE is pegged with $ONE price:.

So, after you get into farm you have to click on the pool you want and then click on  "Add Liquidity" :adding 50% liquidity of $stONE and 50% of $WONE so keep sure you first buy $stONE. Then, you move back to the Farm tab choose $stONE-$WONE pool and you will see the available liquidity that you added, so click Deposit . Confirm the transaction to Metamask and that's it! You now started farming in the pool. 

Rewards/Earnings:

• Defira has an amazing team behind: Tranquil Finance . So, something that I like much is that a part of the rewards is given as $TRANQ which can be locked in https://www.tranquil.finance/ which pays rewards as $1WBTC , $1ETH , $ONE , $stONE , $1USDC , $1USDT . So you can compound your rewards of $TRANQ and earn other precious assets which is amazing. 
• Also, another part of rewards is paid as $sFIRA . Defira's team made a good decision in my opinion . They reward users with $sFIRA which is locked $FIRA. Because it is locked you cannot sell it until you unseal it into the game. Till now, they give us the opportunity to unseal our $sFIRA through the TEMPLE in the ENCHANTRESS by clicking " Unseal "  . Now, the period of unseal is 365 days but when the game begins we will be able to unseal through other in-game ways . In addition to this, we are able to stake our $sFIRA into flexible staking for more $sFIRA rewards. But I guess, you have to choose between unsealing and staking for more . ( INFO: The Defira's team of devs was payed in $sFIRA that will be locked for 2 years ! )
• Last, you can farm to pools like $FIRA-$TRANQ LP or $FIRA-$ONE LP and except the above rewards you will be paid unlocked $FIRA too. 

Advantages

• Extremely low fees. For every transaction that we talked about you will need like 0.01 $ONE which means you can easy autocompound the rewards
• With locking $TRANQ you have the option of obtaining rewards in other assets like $1WBTC !!!
• The TVL ( Total value locked ) is $4.668.252 in the pool $stONE - $WONE which is respectful for a AMM pool.
•  High yield farming . If you own $ONE , why let them sit in your wallet or the exchange ? Make them work for you and remember 152% ( Which can go more/less ) is not a bad idea!
• No risk of impermanent loss . $stONE is pegged with $WONE  
• They made audits to check the security of the smart contracts!

Risks

• Despite the audits, there is always a risk of the smart contract to be hacked like many DeFi.
• Defira is a new project and nobody know how the things can really go. 
• A small risk of $stONE losing its peg to $WONE.

This is my own strategy to stake my $ONE . Remember to do your own research before you invest in De-Fi. Do not listen to anyone, not me too without researching.

If you have any questions about the strategy feel free to send me a message in https://twitter.com/LeandrosDim (@LeandrosDim ) or leave a comment below and I will do my best to help you. 

You can check my previous episode https://www.publish0x.com/le-dex/de-fi-strategies-v1-stake-your-eth-with-16-percent-apy-xvyglmk about staking $ETH.

If you want to support me and direct donate me, here are some addresses: 

• BTC : 1Gzsdiw4PBbD4zLAvVRcNR6ECbbSd69y6C
• ETH : 0x3689115C7f622c31Fa400978AeC1072831B29872
• ADA : addr1q95hvjls2rdvxlz94q25q45tu6083pmc5g65upglfqqljeaeuket7v2vcgqw3a0wxljtvs88mzj8jndqa4mmr6wm2uyqqnc7ja
• HARMONY : one1x6y3zhrlvgkrr7jqp9u2asg89qcm9xrj2c24aq
• LUNA : terra1xwq59th62jeuwr6d8nesyz4v6ak9lr7jlp8ypf
• SOLANA : 5emxBQPgyqB8JQkwPQiRKWXKp3u1A4LeAyryaPpiaLzY