About 3 months ago I told you guys about some of the opportunities on Telos and on OmniDex. Basically the Telos foundation gave extra money to various projects to incentivize them to come build on Telos. On OmniDex if you used the money market portion you could earn extra WTLOS which is wrapped Telos by posting assets. On top of the rewards you would get in the native coin / token you were posting as collateral.
You could utilize the "Snake Technique" I talked about previously. You could borrow ETH on a money market on another chain like the Binance Smart Chain. Move it over to Telos and then earn extra rewards for participating over there. This might net you an extra 10% or more.
One of the things I found out was that Rubic that I had used for cross chain swaps and bridging last time had an issue and noticing that it used Symbiosis to do the swap last time I went straight there and tried to do it. It gave me some error.
Ultimately I had to use Multichain to do it.
The thing that is tough on some of these situations is low liquidity so you really have to see if there is going to be too much slippage. If there is too much friction getting in and out. This can somewhat trap you on a chain especially during a bear market like we are in.
Telos is the fastest, cheapest, and can handle the most transaction volume of all the EVMs. It is a sleeping giant of sorts but also it really has to get people interested in building and participating in that ecosystem which is tough. EOS still has a way higher market cap but doesn't have their EVM launched. Telos is ahead of the game with that and you have the native EOSIO portion and the EVM side. It is certainly impressive and it is a matter of getting more traction and money flowing to it.