Solana is clearly one blockchain where a lot of protocols are launching.
If you are holding some Solana, I suggest you to farm the following protocols:
1. SANCTUM
Sanctum is a project that facilitates Solana Liquid Staking. They are launching their own governance token and to farm is very easy. All you have to is:
- Visit Sanctum Website ---> here
- Connect your Wallet
- Swap SOL for INF (1 SOL = 0.83 INF)
- Hold INF in your wallet and earn you'll be earning the INF's APY
- Enter Wonderland (If you use my referral DN0AHU you get 5% boost on your points)
2. GRASS
This one is my favorite, it's free to use and effortless. Grass is a network for selling that bandwidth to corporations & institutions, with a suite of applications that do this in the background of your phone or computer. The end result is passive income for selling a resource you didn't even know you had. They announced that they should launch on Solana, all you have to do is download the extension and let it run on the background. You can check it here. After 100 hours you earn 5000 points. The points you earn will be converted in their native token.
3. KAMINO FINANCE
Kamino Finance is a DeFi protocol where you can borrow/lend your assets, provide liquidity, build your own automated liquidity strategies or use concentrated liquidity positions as collateral. I am lending some SOL here, but the first airdrop was not the best experience.
This is one of my favorite lending protocols, season 1 ended the 31st March and season 2 will go until end of July. You can check their website here.
These 3 projects are very low effort, especially if you are entering DeFi on Solana, and the teams are very present and always ready to answer any question you may have.
What are you guys farming?
Let me know in the comments!