Insightful Insiders Premium #11 - Jobs Not Finished
While the majority capitulate, we still keep hunting for gems
1/ Liquidium
Edge is found in the area less explored and unfamiliar to the majority
The BTC ecosystem has ton of ripe airdrop farming opportunities if you know where to look
@LiquidiumFi currently only has 4.2K ranked users
How you can farm and position yourself for an airdrop:
Background/Context
LiquidiumFi is a lending / borrowing platform on bitcoin where you can use ordinals as collateral to borrow/lend BTC or lend out your BTC for loans
Raised $1.25M in seed round
Doc indicate "aims to evolve into a decentralized protocol"
There are 2 core interaction types you can do to position yourself for an airdrop from Liquidium
1/ Borrow
Borrow BTC by providing your inscription/ordinal as collateral
Failure to repay the loan in time results in a default thus you will lose your ordinal to the lender
2/ Lending
Earn interest on your BTC by lending it out
Borrowers provide inscriptions as collateral
Upon repayment, you receive your BTC and interest
If the borrower fails to repay, you will receive the collateral instead
How does it work?
You compete to place the highest/most appealing offer for a specific collection
Editing or removing your offer costs no gas/txn fees
Someone accepts your offer you then have 12 hrs to process a txn to confirm the offer and terms
Farming Alpha/tips
- don't pick meme/joke or high volatility collections
- pick a collection you wouldn't mind having the ordinal of if the borrower doesn't end up paying back their loan
- use the @XverseApp wallet for 1.5X boost in points
- Make sure there is a 20-30% price difference/ buffer between the highest offer and the current floor so you have some flexibility in case the ordinals value goes down during the term of the load (most terms are ~1 week long)
- go into settings to and set up the Telegram bot integration, this will let you know when someone accepts your offer so you can accept it on time, the status of your loan such as how much time is left or if it was paid off or not
- look for a LTV % of at least 60% = more stable
My strategy
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