$Index - RobinHood Maxfi FlyWheel

$Index - RobinHood Maxfi FlyWheel


First of all this is not without risk so do your own research.

 

$Index

$Index is a token on the RobinHood chain that you can buy here https://theindex.finance.

When you hold more than 10k of those in your wallet you are eligible for their hourly airdrops. The more token you hold the higher the percentage is you receive from the overall airdrop.

For each swap they take 3% fees of the eth you use to swap and buy a number tokenized stocks and distribute them to the holders.

 

MaxFi:

Maxfi has the $Index/ETH pool and with the automated rebalance system, you can farm eth and $Index at the same time with insane yields.

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Above you can see my current position on MaxFi earning me 4000% APR.

 

The FlyWheel

Buy enough $Index to open a position on Maxfi - for example with the settings I have 2 sided. And keep at least 10k $Index in the wallet to receive the airdrops.

I bought around 26k and invested around 12k in Maxfi and kept the rest in the wallet. 

Now with the pool open, claim regularly or wait for rebalances, but disable compound! I already added around 900 additional $Index to my starting point.

You get more and more $Index in your wallet and increase your airdrop percentage.

You could also from the claimed fees swap the weth to $Index. I will not do this so I reduce my overall risk or reach my b/e point earlier.

 

Risks:

This is after all still a meme coin in my opinion, therefore large price swings are normal and the overall thing should could go to zero.

When interest is lost and no more swaps happen, there are no fees to be collected to purchase further stock to distribute.

This is no financial advice, just for educational purpose only.

 

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Join Maxfi:

https://www.maxfi.tech/deposit?ref=0x572e888614B7e1726624ac49c51bDde1a72C428d

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ThePassivista
ThePassivista

A small time retail investor looking for passive income in the long run. A small YT channel owner. https://www.youtube.com/@thepassivista https://linktr.ee/thePassivista


ThePassivista - Investing Journal and more
ThePassivista - Investing Journal and more

The blog describing my journaling through trading and other investments. Introducing interesting projects.

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