Mainnet Guide - DeCommas
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You can now check the status of previous airdrops using the link https://docs.google.com/spreadsheets/d/1agcpqrYDJg0cX12jC7nrtrbC20aZxweub0M6fBUVPUI/edit?usp=sharing.
TLDR: Mainnet, No Minimum, Potential Airdrop
Introduction
DeCommas (Twitter : https://twitter.com/decommas) is a one-stop DeFi platform for trading automation. They create one-click vaults to execute complex DeFi strategies.
They are powered by 3Commas and backed by Alameda Research. They also won the Mango Markets and Serum prizes at the Solana Riptide Hackathon recently.
Rules
DeCommas doesn’t have a token yet. They have not announced any airdrop plans.
Recently they launched their vault that generates yield by running Basis Trading strategy on Mango perpetual futures. We can try our luck and become one of their early mainnet users for a potential retroactive airdrop.
In addition, they have a Tryout campaign going on. A $2500 prize pool will be shared among all users who deposit $50 into their vault (pool capacity is $50000), subscribe to their social media and fill in their form.
Read the tweet here.
Guide
Getting Started:
DeCommas is on Solana (for now). Get some USDC on your Phantom Wallet.
Step 1:
Head to DeCommas Automated Vault using https://app.decommas.io/earn/MANGO-PERP-ETH and connect your wallet.
Step 2:
Input your deposit amount (max 50 USDC) and confirm.
The vault deploys a automated basis strategy that longs the spot and shorts the futures, therefore creating a delta-neutral strategy. The yield comes from the positive funding rates. The estimated APY is around 27%.
Step 3:
Remember to fill in the form https://docs.google.com/forms/d/e/1FAIpQLSfF1ZVbWj69pAtoiQtGTyfrQlmfCcWovRxhCWA0h3PLlhZAlw/viewform to share the $2500 prize pool.
That’s it for the guide. Give the vault some time to run and look at the results. Ask at DeCommas Discord if you have any questions.