
Insightful|Jun 17, 2025 01:40
Silo @SonicLabs Farm Update
With Sonic S1 airdrop coming at the end of the month trying to fund decent option to get more Silo Finance points as they will have the largest protocol gem allocation
TLDR on gems is ~33% of total reward pool will is allocated for protocol that distributed that S to their users based on their own methodology
big difference here is this S does not have 75% vested over 3/4 of a year
reference article here
https://x.com/info_insightful/status/1931495102444396779
Good simple option is just buying USDC-Silo LP assets on Pendle
~23% APY + 3 Silo points / 1
This is my preferred option
If you want to be short a certain asset like S for example you can take (ideally a high multiplier) strategy on a S - USDC market
where your providing stables (USDC) and borrowing Sonic against it
If you then immediately swap that S into stables and the price of S goes down in the future then it costs less in USD $ terms to pay back your loan
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