If you're diving into the world of decentralized finance (DeFi) on Solana, you've probably heard about yield farming – that's where you deposit your crypto assets into protocols to earn rewards, kind of like interest on a savings account but with potentially much higher returns. Recently, Twitter user @FabianoSolana dropped a bombshell thread revealing how he pulls in $2,768.30 monthly just by farming yields on Solana. As a blockchain enthusiast at Meme Insider, I'm breaking it down for you here, so you can understand the strategies and maybe even replicate them to boost your own crypto portfolio.

Fabiano starts off strong: "My job? Farming yield on Solana. I earn $2,768.30 monthly by depositing money into different protocols." He's basically living off DeFi, and he's sharing his exact playbook. The key? A diversified approach across stablecoins, Bitcoin variants, SOL, and other assets, all while hunting for airdrops – those are free token distributions from projects to reward early users.

Stablecoin Strategies for Steady Gains

A big chunk of Fabiano's portfolio – 30% – is in stablecoins, which are cryptocurrencies pegged to stable assets like the US dollar to minimize volatility. He's using @hylo_so, a Solana-based protocol. The steps? Visit hylo.so (use code FABIANO for perks), buy hyUSD, and stake it for ShyUSD. This nets him an unbeatable 18% APY (annual percentage yield) on stables, plus potential airdrop boosts.

Next up, 15% in stables via @RateX_Dex. Here, he provides liquidity (basically lending assets to a trading pool) for PST tokens, earning with a 3x multiplier. Most of his capital is in mPST, but this side hustle adds extra yield.

Rounding out stables at 10%, he's on @LoopscaleLabs. He swaps PST from Huma for PT-PST-2510 and loops it – "looping" means borrowing against your deposit to amplify exposure, but it comes with risks like liquidation if prices drop. This setup yields 24% APY while farming Loopscale and RateX airdrops.

Branching into Bitcoin and SOL for Higher Risk-Reward

Fabiano allocates 15% to zBTC (a restaked Bitcoin variant from Fragmetric) on Loopscale. Swap to PT-fragBTC-2508 and loop it for up to 30% APY, plus two airdrops. If you're bullish on Bitcoin, this could supercharge your returns – he even references a previous thread claiming over 50% APY potential.

For SOL exposure, 20% goes into xSOL on Hylo – a leveraged version of Solana's native token. If SOL pumps 20% in weeks, it outperforms standard staking at 10% APY. Plus, it maximizes points for Hylo's airdrop.

Wrapping Up with JLP for Market Exposure

Finally, 10% in JLP (likely Jupiter Liquidity Provider tokens) looped on Loopscale at a whopping 100% APY. He advises lower loops for less monitoring, as this gives broad market exposure without extreme downside risk.

Don't forget the airdrops layering on top: Loopscale, Huma, RateX, and Hylo. These could significantly boost overall yields.

This thread has sparked buzz, with users like @SnorkelCapital estimating Fabiano's capital at around $175k based on the returns. If you're new to Solana DeFi, start small, understand the risks (like smart contract vulnerabilities or market volatility), and always do your own research. At Meme Insider, we're all about empowering you with blockchain knowledge – whether it's meme tokens or yield strategies like this. Could this be your path to passive crypto income? Dive in and let us know your thoughts!