[00:01] are one of the best per decks out there. Once we start seeing a bull run far in the horizon, these things are going to get absolutely crowded. Crypto. Today, we're going to be talking about the best crypto airdrop that you
[00:14] hear everything I have to share about this one cuz the potential for it is end of the video, guys, and let's get straight into it. I'm talking about Solana, the number one per deck on Solana, and there's been a points
[00:28] myself have been farming this for a while, and I've racked up 150k points. Now, there is a lot of talk about what the point value may be, but independent of the point value, whether it is closer to $0.20, which is what many people are
[00:42] speculating about on Twitter, or closer to $0.10. Today, I'm going to be showing you a way of farming these points and farming them very, very efficiently because this didn't exist that a while back. Now, it is here. So, let's get
[00:55] showing you how you can do this in a really easy, step-by-step way, but I potential here is insane. And the most important thing to keep in mind here is metric that you guys want to track because if you are averaging $0.05 per
[01:10] point in cost, then you have a very good chance at getting a decent airdrop. We but this really optimizes your farming, right? In almost every single one of points is by trading and by having a lot of volume in the platform. This is
[01:25] but in many cases, people are not actually experimented traders, and they just end up losing the money. So, there is something called delta neutral. Now, approach at generating volume because at the same time, you are going to be going
[01:39] long and short in the same asset at the same price. This way, each position is going to be canceling each other out, whether the price goes up or down. You fees. Now, this is a great strategy for many people that just want to farm the
[01:53] points and don't want to actually risk or trade in the platform. So, there is a platform called Funding Desk that has developed an amazing way of doing this. It is 100% safe and I've been using it for a while and I'm really excited to
[02:05] think you are going to appreciate the way they make this so easy. All right, guys, so the first thing you want to do is register in Pacifica if you haven't already and if you have, make sure you are under my affiliate code. Now, I'm
[02:18] description below and keep in mind you have to be one of my referrals to be that in mind. Also, you're going to be getting 10% rebate for the fees that you something also worth knowing. Once you have registered and you are under my
[02:33] right? This is in Solana. I just deposited 100 USDC in Solana, of course, quickly, I want to mention that the taker fee and the maker fee rate are generate more volume. There's different tiers, of course, as in any exchange.
[02:47] we have deposited, the first thing we want to do is generate an API key. So, we want to go to more and API keys right here. Once we're here, we want to click on generate and you want to copy this right here. Make sure you copy it and
[03:01] paste it somewhere safe. Don't publish it anywhere. Next, you want to click on create and click on confirm, all right? You have to sign a transaction and once that's done, you will have generated your API key. Forget about this first
[03:13] just need what you copied. Now, the next step, obviously, is registering in your email, your password, and link a two-factor authenticator, whether it's really recommend that one. That's pretty much it. So, you want to enter into your
[03:28] dashboard right here and you want to go to your API keys. All right, so once we connection, enter the account name, in my case it's going to be main, and here For the account address, you just have to paste your wallet address, the ones
[03:42] can grab it from your wallet or just go to Pacifica in the top right and click on copy right here. So, I just pasted my wallet address, click on add connection, and if you have followed my steps, you should have account added successfully.
[03:55] go. Obviously, you have some balance in Pacifica, you have connected your API key to funding desk. Now, let's get into the sauce. So, as I mentioned before, we are going to be creating a delta neutral strategy. All right, so once we are in
[04:08] TWAP for Pacifica, we want to select our account, and in the markets, we are going to be selecting the same market, which is going to be gold. All right, so there are different tokens that represent the value of gold. We're going
[04:21] to be selecting PAXG and KAU. So, these are two tokens that have almost the exact same value because obviously they are representing the value of gold. Next up, for the leverage, these pairs have a maximum leverage of 10x. I recommend
[04:33] sticking to 10x. It's going to be a way faster in terms of volume. If we decrease to 2x, 3x, it's going to be much slower, so I think 10x is fine. Next up, I recommend going with 50%. I think this is more than enough. We're
[04:45] going to have some room, so don't go with 80, 90%. Go with 50. It's much uh easier to start off. Maybe you can go to 75%. Just make sure you are not using duration, I like to do 2 minutes, but it's up to you. At least I do 2 minutes
[04:59] to make sure everything runs smooth. You want to turn on automatic TWAP task. And here we have two fields. All right, so the first one is the amount of minutes that you want the cycle to sleep for. So, this is basically once the uh cycle
[05:12] ends, how much time has to pass by until we start again. So, in my case, only 1 time in between operations. What I want is having operations open a lot of a long time and making a new one every 500 minutes or 300 minutes. All right, so
[05:27] that 500, 300 minutes is the time that our operation is going to be open. Now, open interest. And this is a way of having open interest without doing anything and without even having to pay attention. So, in my case, I'm going to
[05:40] be understanding this better once I clicked uh start. We are going to be clicking right here in start task. We entered the running time of two minutes. So, two minutes is the time that we are going to be slowly opening and closing
[05:53] our positions. All right, so this is the actual time and the duration that it takes to open or close both that positions, whether they are short or long, is the same. So, we can see right here that the delta neutral is almost
[06:06] perfect. All right, you can see that the value is almost the exact same even when using 10x leverage, it's almost perfect. All right, so you can see it's actually perfect right now. 0.04 0.04, so we are only paying for the fees. All right, so
[06:20] we are almost at two minutes. There's only one fraction of the order left. You can see that it divides it in five. If you enter more time, it's going to be obviously more fractioned. So, that is how that works. And once we get to two
[06:33] minutes, you'll see what happens. All right, so it takes a little bit more, right, so it takes a little bit more, but it's now done, clear, finished. So, our delta neutral is open. We did not have to do anything at all. It was so
[06:46] easy, so so simple. And you can see that it's it's pretty much perfect. Like it's almost perfectly balanced just by $1. All right, it's absolutely crazy. So, that is how it works. And you can see it is nailed. So, what's going on now is we
[07:00] are entering operation sleep. So, this is 300 minutes we entered. Now, this is going to be the time where the operation just stays open and that is it. We don't have to do anything else. Just leave it open and we are farming open interest
[07:13] Pacifica. And obviously this is rewarded. All right, once the 300 minutes end, we will have another positions in the same manner. So, one
[07:25] of five, four out of five, and then five out of five. In two minutes, we will be closing both positions and we will be sleeping for one minute. This is the cycle sleep section right here. So, it's going to be one minute and then we will
[07:37] be starting again the same cycle. Now, this is amazing. All right, being able to optimize delta neutral in this way, it is so well made that you if you are funding rates, you can actually make
[07:52] money on top of the points that you are farming. So, comment below if you want funding rates are. Although right now you can just go to Cloud and explain how you can make money with funding rates and delta neutral strategies because it
[08:04] is not that hard and it's a way of also making money while using funding desk. That's why it is called this way. So, as I mentioned before, we have entered 300 interest. But if you guys want to even go faster, you can enter 10 minutes or
[08:19] 20 minutes here for the operation sleep. And obviously, you will be farming much more volume, which will result in much more points. So, you can even enter 5 guys want. I recommend having something like 300, 200 minutes if you are away
[08:32] have a sustained farming strategy. I recommend at least 100 minutes, but obviously don't enter like 2,000 minutes because then you are going to be having almost no operations per day and almost no volume. So, I think the sweet spot
[08:45] may be around 100 minutes or I don't know, 50 minutes, whatever you guys prefer. It's up to you, honestly. I think sticking between 50 to 100 is cycle? You want to stop it all? Well, it's as simple as just clicking close
[08:58] all positions and cancel right here. So, I'm going to be doing that right now. I'm just going to close all positions right here. Closing both and that is it. automatic task as well here. Just click on cancel. That is pretty much it.
[09:10] to stop it. What I think is amazing is you can just leave it on and forget about it and you will be farming points in Pacifica without doing anything. I want to emphasize, guys, how big of an airdrop this can be because I've seen
[09:23] people farming points at $0.03 per point using funding desk and there is talks using funding desk and there is talks about points being worth $0.20, $0.15 even. Just calculate how much you can make if that ends up being the case.
[09:36] This is something that can turn into one of the biggest and most profitable airdrops if the point is 0.20 or 0.15 dollars. So, keep that in mind, guys. You can optimize your farming so much if you use Funding Desk in this way. So,
[09:50] that is pretty much it for this video, guys. Pacifica is an amazing perp decks. to be delivering an amazing product. They are building so much stuff. They are one of the best perp dexes out there. Once we start seeing a bull run
[10:03] far in the horizon, these things are going to get absolutely crowded cuz that's how it works. That's how liquidity flows back into crypto so fast that you don't have any margin, right? You are already too late. This is the
[10:15] moment to actually take advantage of these opportunities where the same amount of points is consistently given out every single week and now there's almost no competition. It is so easy to rack up some points now and it will
[10:27] definitely not be this easy once we start seeing people flow back into these much it for this video, guys. As always, this is not financial advice. Do your guys a tool that I think is amazing when it comes to farming Pacifica and this
[10:39] specific perp decks. They are going to be adding more support for different perp dexes out there, but I am really really strongly convinced that this is going to be a big airdrop. So, this is why I'm going to be maximizing my
[10:51] be leaving this at 2 minutes and I'm going to be having an operation sleep of 10 minutes cuz I want to maximize my volume now. That is just my take. Share said this, guys, take care and I will see you in the next video.