autorenew
Unlocking zBTC Yield on Solana: Top Strategies Revealed

Unlocking zBTC Yield on Solana: Top Strategies Revealed

If you've got some zBTC chilling in your wallet and you're looking to put it to work, you're in luck. Crypto enthusiast Zeeッ (@zeemibtc) dropped a handy thread on X highlighting some smart ways to earn yield on zBTC via the new Earn page from Apollo BTC Portal. Let's break it down in simple terms, so you can see if these strategies fit your playbook.

First off, what's zBTC? It's essentially Bitcoin wrapped for the Solana blockchain, thanks to the Zeus Network. Through their flagship app APOLLO, you can lock up your native BTC and mint zBTC at a 1:1 ratio. This lets you tap into Solana's speedy, low-cost DeFi world without letting go of your Bitcoin exposure. No more idle assets—zBTC opens doors to swapping, lending, and farming yields seamlessly.

The thread kicks off by pointing out how tricky it can be to hunt for yield across different protocols. That's where Apollo's new Earn page shines. It aggregates opportunities in one spot, showing total value locked (TVL), highest yields, and active pools. Right now, it's boasting over $33.9M in TVL and yields up to 82.5% APR. Pretty eye-catching, right?

Promotional banner for Apollo Earn page showcasing zBTC yield opportunities on Solana

Top Yield Play: zBTC-SOL Pool on HawkFi

Zee's number one pick is the zBTC-SOL liquidity pool running on HawkFi, which builds on Meteora. Why go through HawkFi? It adds extras like auto-compounding (your rewards get reinvested automatically) and rebalancing to keep things efficient. Plus, you're earning points from both Meteora's S2 program and HawkFi itself.

At the time of the post, this pool was offering a whopping 82.56% APR— that's about 7% monthly. Instead of letting your BTC and SOL sit around, you could be generating passive income. The TVL was around $228.8K, making it a solid option for liquidity providers.

Screenshot of zBTC-SOL pools on HawkFi and Meteora showing high APR yields

Another Favorite: zBTC-xBTC Pool on Orca

Next up is a personal fave from Zee: the zBTC-xBTC pool on Orca, again accessed via HawkFi for that auto-compounding magic. This setup saves you the hassle of manually claiming and redepositing rewards, and you still rack up HawkFi points.

Since both zBTC and xBTC (another Bitcoin-pegged token) track BTC's price, the risk of impermanent loss—where the value of your pooled assets shifts due to price changes—is super low. You're basically earning yield with minimal volatility exposure compared to pairs with unrelated tokens. The APR here was sitting at 6.96%, with a TVL of $515.2K.

Screenshot of zBTC-xBTC pool on HawkFi with APR and TVL details

These tips come straight from Zee's experience as a zBTC maxi, and they highlight how Solana's ecosystem is evolving to integrate Bitcoin liquidity. If you're new to this, remember that yields can fluctuate, and DeFi always carries risks like smart contract vulnerabilities or market shifts. But with tools like Apollo's Earn page, scouting opportunities just got a whole lot easier.

Check out the original thread on X for more details, and head over to Apollo to start exploring. Who knows, this could be the boost your portfolio needs in the meme token and DeFi space. Stay tuned for more updates on emerging yields and blockchain innovations right here at Meme Insider.

You might be interested