Bullish on $DOT for the longterm…? consider these options

So, we have been getting many prompts to stock up on $DOT by the good old [& young] people over at Banter.

But what are you going to do with that newly acquired DOT?

Here are the Acala options:

1. You can stake your $DOT with acala and get the DOT standard 14.9% APY (autocompounded)
2. Stake the $LDOT that you receive from liquid staking with acala for an additional 4.54% 

3. Take the liquid dot, swap & commit it to any of Acala's options in their DEFI suite 

4. Arbitrage your DOT for lcDOT

lcDOT is what those whom have contributed their DOT to back Acala in their parachain auction bid received in exchange for their DOT.

lcDOT will be exchangeable for $DOT in December 2023

I drew up a table…all calculations were made assuming that the highest APYs will remain constant 🙄

Personally, I'm not putting all my eggs in one basket and instead of compounding my Defi rewards I'm swapping them for lcDOT.

All things in DeFi carry a certain degree of risk
lcDOT arb + DeFi was given a higher risk rating because if you loose your lcDOT you don't get your DOT

Just sharing what I'm doing
DYOR

Banter on, Banter strong!
✌️