Delta-Neutral Airdrop Farming
Learn how to create positions that are hedged and delta-neutral.
This approach minimizes risk and exposure to price action and is ideal for farming airdrop points, since your positions are fully hedged.
Setup Guide
- You must have at least 2 DexBot accounts setup and funded. (See multi-wallet)
- One account will be the master account where you execute trades
- The other account will be the hedge account, which is automated
- Go to the hedge account, open the /settings menu, and copy the CopyID
- Go to the master account, open the /settings menu, click the Hedge Account button, and insert the CopyID of your hedge account
- That’s it! Any trades executes on the master account will be automatically hedged on the hedge account
Automated Delta-Neutral Airdrop Farming
Airdrop points come from trading volume. That means you need to regularly close and reopen positions to earn points. DexBot can automate this process for you!
- Setup the master and hedge as explained above
- On the master account, go to the /settings menu and set the Reopen Timer option
- The bot will now close and reopen all your positions on both accounts based on the Reopen Timer
Pro Tips
- It’s recommended to go long 1 token and short 1 token, for example long BTC and short ETH with the same trade size. This helps to keep the balance on both accounts balanced, so you don’t have to move money around.
- Use Telegram folders to organize your accounts
- Rename the hedge account accordingly
- Do not trade manually on the hedge account
- It’s recommended to have matching leverage, take-profit and stop-loss settings on both master and hedge account