Farm with no impermanent loss on Delta One

ProjectDelta One
ChainSolana
Time10 minutes
Reward$1 in SOL

What is Delta One? 

Yield farming has a high-risk, high-reward configuration. What if you were able to change it to low-risk, high-reward? That is exactly what Delta One has done.

Meet Delta One, a set-and-forget risk generator that comes up with the most efficient yield strategies with quantifiable risks so you can yield farm to your exact liking. Using an AMM and layered hedging capabilities, Delta One provides smart contraction protection to ensure no market turbulence shakes you up. 

Delta One offers a multitude of options that optimizes your yield farming and protects it from market unbalances. One such method is the rebalancer. The rebalancer automatically rebalances a user’s holdings depending on the conditions of the token, avoiding impermanent loss as much as possible.

Yield Farming with Delta One is the best way to experiment with Yield Farming in a safe and effective manner.

What we’ll do in this tutorial 

We will be going through, step by step, how to get started on Delta One and how to Lend and Farm tokens. For this tutorial, you will need a Phantom Wallet.

1. Go to Delta One’s website

Go to this link to get started.   Launch the app (upper right-hand corner), and connect your Phantom Wallet to Delta One

2. Link Phantom Wallet to Delta One

Click on the Connect Wallet button (top right-hand corner), and select Phantom Wallet

Phantom will pop up, asking for confirmation.

Confirm the connection.

3. Invest in a Farm or Lend in a Pool

There are two options on Delta One: Lending and Farming. Lending lends farmers on Data tokens, while farmers yield farm with the borrowed assets from the lenders. Both process are the same, just both yield different APY at different times. 

Choose a pool you would like to invest in (whether it be a farm or a lending pool)

Create an account to deposit assets

Execute the necessary steps (it may be glitchy, just be patient and wait for the process to follow through)

And then you are set!

4. Claim your reward! 🎁

You've completed the required steps, and it's time to get paid! The final step is submitting a reward claim so we can verify you've completed the tutorial.

Click the “Claim Reward” button at the top of the page.

Fill in the address of the wallet you used for this tutorial.

Submit the form and wait!

We’ll confirm that you swapped and invested in a Delta One pool, and we’ll send $1 in SOL to your wallet as a reward!