First, you need to click on “Strategies” from within Krystal.
You want the “High Cap” pools displayed. Well, at least I did. There are other choices. The guru recommended this one for me.
Because I was targeting opportunities with a 60-70% APR and a test period of at least 7 days, I set the filter up like this.
You can limit yourself to certain networks or specific crypto pairs, but I am going forward without getting any more specific. After clicking on the first opportunity, I then clicked on “Positions.” The image below shows many withdrawals from this “test position.” While the person who is using this test position can do whatever they want, the withdrawals skew the APR the position has actually made.
Skill and judgement are not to be ignored when choosing a strategy to follow. But, some rules to consider (Mostly guru approved)…
- Avoid the Ethereum Network. Stick with Arbitrum, Polygon, Base, and Binance. (Some other ones are probably also okay, but he hasn’t mentioned them.)
- If there are any withdrawals, the APR won’t be accurate. Keep looking!
- Choosing “High Cap” will provide pairs that are least likely to have disappoint you. (They still may, but your odds of failure are reduced.)
- Avoid narrow price ranges on your pairs. The wider the price range with a reasonable return, the longer your pair will continue to generate yield. (We hope.)
- While there may be some fudge room when choosing the correct pair to farm, you still want your Volume to be higher than the TVL. (This is subject to correction by the guru, but it seems consistent with his previous recommendations.)
