DEFI: STAKING ON L2

Sideway market is boring. Staking on Optimism has been great.

1: Synthetix (SNX)
https://staking.synthetix.io/

124.54% on OP
Great

FYI
45.01% on Mainnet

Reward claim TX cost is less than a dollar.
It costs a lot more (I remember it went as far as 60$) on mainnet, surely depending on gas fee.

Why not migrate to L2 for more APY and cheaper tx fee

Note that there is 1 year escrow so that you can not move the staking rewards till then but can stake them.  

2: Thales
https://thalesmarket.io/markets

Crypto derivative market

207.89% for LP reward
Great

I prefer single staking though

They started bribe with OP which giving additional 77.43% o top of THALES APR​

3: Curve
​https://optimism.curve.fi/factory/0

4.238% APY

not much but there is no need to worry about price change as you will be staking stable coin(s). 

Conclusion
SNX staking is profitable, not inly staking reward but also trading fee for the stakers. 

Example staking strategy
1: Stake SNX and get sUSD
2: Stake sUSD on Curve or convert to WETH and THALES to LP stake on THALES for more APY
3: Be careful of SNX liquidation