Today, we’re joined by the top lender on Rain.fi.

With over $350,000 earned in lending interest, he’s not only a power user, but also a prime example of how DeFi can reward smart, long-term strategies.

The top lender on Rain.fi shares his philosophy, strategies, and tips to help others improve their lending results.

Let’s dive into the full interview 👇

→ Background / About You

Can you tell us more about yourself, how you got started in this ecosystem, and what you are currently doing?

“I started in crypto as a student, dedicating all my free time to researching airdrops on Solana because I didn’t have much capital to begin with, like almost everyone.

I began with $1,000 and grew it to my first $10,000 through the Aurorian NFT mint. From there, I seized every opportunity to make money, including degen NFT mints and token launches.

I had some lucky breaks and some setbacks, and now I’m fully immersed in DeFi, looking for opportunities every day, such as lending on Rain.fi or farming airdrops with significant potential like fragSOL.”

→ What specifically attracts you to DeFi, particularly in comparison to TradFi?

“I would say DeFi offers many more opportunities and discrepancies compared to TradFi. The market is usually efficient and doesn’t offer as many ways to profit as in crypto.”

→ Overall Experience with the Protocol

How long have you been using Rain, and how did you first discover the protocol?

“I’ve been using Rain since the early days. At first, I tried taking advantage of users with high APR loans on NFTs. Then the team patched that, so I started setting up vaults and looking for borrowers. Playing it the serious way turned out to be much more rewarding in terms of yield, haha.”

What motivates your current use of Rain?

“I use it to earn a decent yield on stablecoins, at least triple the rate available on other market protocols like Drift or Kamino. I aim for at least 30% with my current parameters, and with my size, it usually works OTC with borrowers.

By the way, if you’re a borrower looking to borrow against your governance token or leverage a trade you can’t do anywhere else, let me know in the chat section of Rain.fi.

This yield doesn’t come out of thin air, there are significantly more risks associated with lending on Rain.fi, so you have to factor that in.”

→ Advice

What do you consider the main benefit of using Rain?

“The main benefit is the ability to set parameters for every single token. You can decide what you accept as collateral, the loan-to-value (LTV) ratio, and the annual percentage yield (APY) you want.

Additionally, you can set different APYs for each token and duration, though it takes time. Another great benefit is that Rain has integrated tokens that aren’t available elsewhere. This means people can only borrow these tokens on Rain.fi and may be willing to pay a higher APY.”

Do you have any advice or recommendations for other Rain users?

“I think there are two ways to succeed on Rain:

• Offer low APY with long durations, aiming for liquidations. The idea is that over time, people might forget to repay their loans, allowing you to achieve a 10% or 20% APY with an additional 2x return on your capital thanks to liquidation.
• Offer high APY with high loan-to-value (LTV) ratios and short durations. This approach is much riskier, but data shows it can pay off. Some borrowers are only looking for the highest liquidity available for a specific amount, regardless of the APR. Since there hasn’t been a black swan event recently, this has been a profitable strategy.

Always monitor your competitors’ parameters to ensure you remain the first choice."

→ Thanks

Please feel free to share any final thoughts, and thank you for your time!

“I’m grateful for what the team has built over the past few years. People like me rely on bold founders like @solwhitey, who is doing his best to satisfy users and make markets more efficient.”

🌐 Ready to try it out?

Visit Rain.fi and experience a new way to borrow & Lend.

Start borrowing from just $10… 💸

🔗 Rain.fi Links:

Site: https://rain.fi/
Discord: https://discord.gg/rainfi
Twitter: https://twitter.com/RainFi_
FAQ : https://app.rain.fi/faq

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