How to Farm Sonic Gems
Get a Bigger Crypto Airdrop
The key to getting the biggest airdrop on Sonic is farming the projects with the most gem allocations.
These projects were allocated gems by Sonic Labs, which means if you farm them correctly, you’ll get a bigger cut of the airdrop.
The three projects with the most Sonic Boom Gems are:
Silo 770,684
Beets 294,513
Shadow 88,586
Below, I’ve outlined a path to get the maximum points on each one.
If done correctly, you can get up to an 80x multiplier (or more)!
However, it’s important to note that the more you loop, the higher your risk.
Keep an eye on your health factor, and always deposit more than you borrow at a ratio of at least 2 to 1.
Please use my code so I can earn points: LDKF7Q
This is where you sign up and keep track of your points:
https://my.soniclabs.com/points
Now, let’s jump right in!
Beets + Silo (20x - 80x)
Go to https://beets.fi/
Click on “Stake $S”
Stake your S for stS
Go to https://v2.silo.finance/
Click on stS
Deposit stS, earn 2.1% APR + 8x Sonic points + 1 Silo point per $1 a day
Click on Borrow and borrow and borrow stS, earn 0.5 Silo points per $1 a day
8x points per $1 without looping and up to 80x points per $1 with looping
Repeat this loop and ensure your health factor is between 31% and 50% so you don’t get liquidated.
Beets (8x)
Go to https://beets.fi/
Stake S for stS and earn 4.43% APR + 4x points multiplier
Click on pools
Click on Staked Sonic Symphony
Click on Add Liquidity
Choose Propotional to minimize price impact
Repeat and add the amount of liquidity you’re comfortable with
Silo + Shadow Exchange (36x - 96x)
Go to https://v2.silo.finance/
Click on stS
Deposit S, earn 2.1% APR
Borrow stS
Go to Shadow, click on Liquidity, and click Deposit on S/stS
Add liquidity, choose your range type to determine APR, and click Deposit
Angles + Silo (20x - 80x)
Go to https://angles.fi/stake
Stake $S for anS, earn 10.88%
Wrap anS for wanS
Go to https://v2.silo.finance/
Click on wanS
Deposit wanS on Silo
Borrow against wanS
Repeat the loop while keeping the health factor in a reasonable range
Depending on how much you loop, this points multiplier is anywhere from 8x - 80x
That’s it!
If you have any questions, feel free to reach out.
Here’s a full video breakdown: