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What's happening with Cardano??: ISOs and quadruple yield

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What's happening with Cardano??: ISOs and quadruple yield

Do you like money? Do you like airdrops? Whether you like Cardano or not I think it's safe to say we ALL like these things. Below I will list out the various opportunities you can take advantage of in the Cardano ecosystem. You can earn Ada while staking and earn the project's token on top of that. Take a look and see what you think:

Genius Yield

Like Yearn Finance Genius yield is a yield optimizer. They are currently holding an ISO that pays out about 0.03 GENS tokens per Ada staked From December 15th to June 15th. Simply choose from one of their 4 stake pools listed here then sit back and accumulate.

If you don't want to give up you're entire Ada stake reward then you can delegate to GENS2. You get 50% Ada and 50% GENS in that pool. The rest reward you with 100% GENS

https://www.geniusyield.co

Maladex

They are another DEX seeking to launch on Cardano. We don't know when the launch will be but we do know that they are also holding an ISO. It will last until the launch of their DEX. Choose from one of their 5 pools here.

The rewards will be calculated using the following formula:

https://preview.redd.it/abgi80u491j81.png?1231&format=png&auto=webp&s=f71f6ec867119a98a854fdf63a5e2f58959a9b0d

They provide an explanation of the formula here. It may seem scary but it does make an attempt to factor in multiple scenarios and variables such as whale-balancing and low block production.

One thing to note is that have a goal of eliminating impermanent loss (we'll see if they can). They outline this and more in their paper.

https://maladex.com

IAMX

This team is bringing identity solutions to Cardano. You can stake to any one of their 4 pools listed here. If you want to take a look at the stats for delegations rewards you can find those here.

SundaeSwap

As many might know already SundaeSwap is another DEX that launched their app in January of this year. Why they didn't just wait to launch later after the parameter bumps is beyond me. But they're managing so far.

The ISO has ended and they are currently going through the reverse ISO so it's too late for that (their reason for doing a reverse ISO was to give single-pool operators a fair chance at producing blocks and getting more delegators.) However, you can still farm tokens in the pools SUNDAE/ADA, WMT/ADA, and LQ/ADA. The rate right now is 146%. More pools will be eligible for farming in the future so stay tuned (source).

https://sundaeswap.finance

Flickto

Flickto is a media incubator. If you understand how troubling it can be to fund a media production (like a movie) then you'll understand what Flickto is trying to do.

From their white paper introduction:

Flickto is a Cardano powered community media launchpad. There are millions of artistic creators around the globe just waiting to produce the next YouTube hit, box office sensation or Emmy Award winning TV show. Content has never been more producible, yet creators often hit a stumbling block: funding & financing.

The best part? You can get 0.33 FLICK for every Ada delegated to their pool FLICK. Take a look here.

https://www.flickto.io

AADA Finance

AADA is a Defi lending protocol. Using AADA (their token) you lend, borrow, use flash loans, and swap deposited assets. You can delegate your ada to their pool "ISPO - Aada Finance - Stake ADA earn AADA" (link here).

https://aada.finance

Ray Network

The Ray ecosystem includes Ray Wallet, Ray Stake, Ray Swap, Ray Pad, Ray Graph, and Ray Data. I'm a little confused as to what they want to do but it seems like they just want to be the backbone for doing anything on Cardano from swapping assets to launching assets.

The rewards for their ISO are great. You can currently get 1 XRAY token for every 195 Ada delegated. Here is the calculator. The ISO will last for 895 more days or almost 2.5 years!! SO If you like what you see get this train. I'll be delegating to this one.

https://raynetwork.io

MetaDEX

Another DEX launching on Cardano. They give about 1 MTDX per Ada delegated. Their tokens will be airdropped when their DEX launches which is coming Q1/Q2 this year per their website. As it is with the other projects listed here you can earn both Ada and MTDX tokens.

https://metadex.fi/tokenomics/

Liqwid Finance

Another Defi lending protocol. This is one platform where you have the chance to earn quadruple yield depending on market conditions:

  1. ADA staking 5% yield,
  2. qADA interest yield,
  3. staked qADA yields LQ,
  4. staked LQ yields % of borrower interest repaid.

You stake Ada for 5% and get qADA in return, qADA in turn yields interest, Staked qADA yields LQ, and staking LQ gives you even more interest. Definitely check this one out when they launch. No ISO on this one currently.

https://www.liqwid.finance

Closing thoughts

There are many more ongoing ISOs on Cardano. I'd be here all day if I listed them all lol. Feel free to check them out and earn extra yield with your Ada. Keep in mind that staking to some pools requires you to give up your entire Ada reward in return for the project's token.

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