hello guys welcome back to Camino Finance Cino Finance is probably my favorite website on Solana if not at least in top three because this is the website I would give you to to start your journey with salana install some Phantom wallet which I'm going to show you here in a second connected and that's it you're good to go there are a couple things uh less risky more risky I'll show you today uh the one I'm adding more money to because uh Solana is Hope fully bouncing now and going up it was a bit quiet for the last couple months all the markets was going down and maybe some people already think it's over but it's far from over and I I hope that it's uh now going to go up I can't guarantee that but uh obviously the markets aren predictable but uh it seems like Solana has reached sort of a bottom so let's Jump Right In and add some more and I will personally add my position to long and short which is a bit trickier a bit more riskier because if you add to Long position it is still going to go down the price of Salon obviously it's going to be uh not good for the profits but I'll will show in a second but I want to talk about this multiply which I already have some money in this H Soul which gives you around 10% per year uh apy and I covered that in another video I put it in the corner very good strategy to multiply your salana so what it does it's basically they take your Solana swap it to jitto Soul borrow do a flash loan borrow more so and um Supply it to kand protocol and this is the way just to like uh sort of borrow Solana multiply it pay it back do that Circle and all you need to know it's a very very lowrisk uh approach with very nice profit uh apy because obviously you can stake salana but it's much lower a apy and as you can see here I deposited 0. 11 and now it's 0. 11 67 after I think couple weeks in terms of dollar as you can see it's $16 right now it was $19 uh so this is because of is salana dropped but what I absolutely love about this Camino is got everything extremely clear because sometimes you you think you made some money and you don't see it but if you look at exactly what did you deposit what did you uh stake in the beginning then obviously you can compare those values uh together and see where you at right now so my goal is obviously to keep growing Solana hopefully until next year and then if we are at the end of The Bull Run let's say uh definitely sell some or find some other other ways you can also try the liquidity Vault obviously uh they have some risks as well so this multiplies the least risky liquidity let's say in the middle because you've got that impermanent loss depends which ones you choose I covered them in other videos as well and the most risky let's say is long short there's also this borrow L just similar to what I just said you simply borrow uh Supply money to for others to trade it to borrow it then you can borrow some uh it's a like a loop but it's at least one coin only which is a bit safer so let's go to long and short so what it means here again you can click on it and it will tell you everything you need to know you select the leverage they deposit that into kand and then use again flash loan to borrow leverage token then they swap it into soul and then again can borrow usdc to repay it if you you know still not understand what it is honestly I'm also uh not Savvy 100% I took a while to understand the basics but uh this is quite a safe way to uh multiply your salana as well because because because uh it will give you a chance to basically grow it within only Solana so you're also betting on only one Co coin so I'm going to show you here exactly now step by step so uh I did that already before my other account uh and I think I did less than 2% 2x uh leverage so I do recommend you do not more than two and you have to have some Sal obviously and it won't let you do transaction if you have less than 0.
15 so make sure you uh have at least you know 0. 2 or 0. 3 Solana and then you choose the amount and this is what is important here this bits here uh leverage obviously very important so you make sure that your liquidation price this one here is quite low so Solana at the moment is about $140 uh and if it goes below 90 then you can get liquidated which means you're going to lose all the money that you put in here so I don't expect Salan to go lower than 90 so for me this is a good uh of risk to reward setup leverage 1.
