How to make 190,000% APY by yield farming without impermanent loss

Impermanent Loss IL, can be avoided if you read this newsletter

Last Thursday, I shared a curated list of compelling yield opportunities—many of which I had personally been monitoring and farming. The response was overwhelming, making it one of my most-viewed newsletters to date. This reinforces my belief that I can significantly cut down your research time by sharing well-vetted opportunities that I have been closely analyzing.

If you’ve found value in these insights, consider becoming a paid subscriber as a token of appreciation and to support the continued depth of research I provide.

---

Outline:

1. Yield thesis for the week
2. My key Yield farming Strategy (my secret winning formula)
3. LOW RISK (TVL of over $10M) 
i)Ethereum
ii)Berachain
iii)FLARE 
4. MEDIUM RISK (TVL of $1M - $10M)
i)Ethereum
ii)Polygon
iii)Arbitrium
5. LOW RISK (TVL of 100K- about $1M)
i)Ethereum
ii)Sonic
iii)Base
iv)BSC
v)Polygon

Yield thesis for this Week

This week, I am focusing on sustainable, high-yield opportunities that meet the following criteria:

• Base APY (excluding reward APY) over 20%

• Operational for at least 30 days

• Demonstrated at least 30% yield over the past 30 days

On the higher-risk side, I am also identifying projects that are either tokenless or have strong airdrop potential, as these could offer additional upside beyond just yield.

What I’m NOT looking for: Yields that rely primarily on reward APY incentives, as these can be highly volatile and often unsustainable.

My key Yield farming Strategy

---

A) Short-to-Mid-Term Yield Farming

Objective: Earn high base APY while monitoring sustainability.

Step 1: Entry Timing

• With a high TVL, most pools appear relatively stable. However, it’s important to watch for sudden APY drops, which may indicate shifting incentives or reduced emissions.

• Consider entering when yields have remained stable for at least a few weeks to ensure sustainability.

Step 2: Yield collection & Reinvestment

• Harvest rewards frequently (every few days) to mitigate risks of yield decay or impermanent loss (in today’s edition, I took yields without impermanent loss IL).

• If possible, reinvest profits into stable pools or other strategies to lock in gains.

Step 3: Exit Planning

• Monitor protocol roadmaps and governance updates to anticipate any changes in reward structures.

• If APY starts declining sharply, consider withdrawing to preserve profits.

---

B) Alternative Strategy: Airdrop & Tokenless Opportunity

Objective: Position early for possible airdrop rewards.

• If aprotocol has no governance token yet, engaging with its ecosystem (staking, providing liquidity, using dApps) might qualify you for future airdrops.

• Some protocols reward long-term stakers or active participants, potentially boosting returns beyond yield farming.

• Keep an eye on project announcements and community discussions regarding possible token launches.

---

C) Risk Considerations

• High APY Sustainability – Ensure that the APY isn’t inflated by temporary incentives that could disappear suddenly.

• Smart Contract & Platform Risks – Newer DeFi projects can have security vulnerabilities; consider using risk management tools like DeFi insurance.

• Liquidity & Exit Risk – A rapid TVL drop or project instability could impact withdrawal times and slippage.

  ---

LOW RISK (TVL OF OVER $10M)

---

On Ethereum

RLP (22.29% APY)

A Basis trading opportunity on Resolv, a project operating on Ethereum network. The currently do not have a token, so watch out for airdrops. Here are the key metrics:

• Pool: RLP

• Project: Resolv

• Total Value Locked (TVL): $88.83M

• Base APY: 22.29%

• 30-Day Average APY: 8.58%

  ---

SENA (used for buying PT-sENA-24APR2025) (34.32% APY)

A Yield farming opportunity on Pendle, operating on Ethereum network. Here are the key metrics:

• Pool: SENA

• Project: Pendle

• Total Value Locked (TVL): $10.93M

• Base APY: 34.32%

• 30-Day Average APY: 37.16%

  ---

To read further, consider joining our paid community today

With just $2 weekly, you will support the newsletter and participate in 100% of major airdrops/testnets, identify Defi/gems early and support early phase career participation in crypto.

• What to expect:

  👉 Every Monday: Ecosystem/Mainnet/funding updates, Defi Yield farming, Staking Airdrops, Research/reports, ICO/IDO/Presales and Crypto Jobs and trading opportunities

  👉 Every Thursday: Protocol Spotlights, with in-depth analysis of 2-5 select protocols or tokens, and yield farm opportunities.

  N/B:

  Free Subscribers: Have access to 20% of the content as an overview

  Paid Subscribers: Have access to 100% of the contents and community features like chat room (10x alphas are shared on the chat room) etc

  Subscribed