EN
The liquidity airdrop is currently in a testing phase, which requires consistent participation. With a total supply of 1 billion tokens and approximately 220 million in circulation, the first snapshot has already been taken, and the second snapshot is set to occur in the coming days. This means that participants still have an opportunity to engage early in the process. The airdrop combines both snapshots, and participants can earn rewards by borrowing and lending tokens within the platform.
To begin participating in the liquidity airdrop, users need to connect their wallets or log in using social media accounts. The platform's dashboard provides an overview of the portfolio balance, available credit line, and other relevant information. Users can borrow cryptocurrencies from a pool of options and lend them back, which allows them to accumulate points that contribute to their overall earnings.
When users decide to borrow, they can choose from various cryptocurrencies, including Bitcoin and Ethereum. It is advisable to borrow between 50% to 75% of the available credit to manage risk effectively. Once the borrowing is confirmed, users can provide liquidity for others who wish to borrow from their pool. This liquidity provision is crucial as it counts towards total earnings when locked.
Users can lock their assets to increase their earnings potential. By locking a portion of their borrowed assets, they can enhance their position on the leadership board, which reflects their total points based on borrowing and locking activities. The more assets locked, the higher the potential earnings, creating a competitive environment for participants.
The platform features a leadership board that displays users' total points, which can fluctuate based on their borrowing and locking activities. As users engage more with the platform, their points can significantly increase, improving their ranking. Additionally, users are encouraged to invite others to join the platform, as rewards are often given for successful referrals, further enhancing the community and ecosystem.
The liquidity airdrop presents a unique opportunity for participants to engage in a decentralized finance environment. By actively borrowing, lending, and locking assets, users can maximize their earnings while contributing to the growth of the platform. As the testing phase progresses, participants are encouraged to take advantage of this opportunity to potentially earn significant rewards.
Q: What is the liquidity airdrop?
A: The liquidity airdrop is a program that allows participants to earn rewards by borrowing and lending tokens within the platform. It is currently in a testing phase and requires consistent participation.
Q: How many tokens are available in the liquidity airdrop?
A: There is a total supply of 1 billion tokens, with approximately 220 million currently in circulation.
Q: How can I participate in the liquidity airdrop?
A: To participate, users need to connect their wallets or log in using social media accounts. The platform's dashboard will provide an overview of their portfolio balance and available credit line.
Q: What cryptocurrencies can I borrow?
A: Users can choose from various cryptocurrencies, including Bitcoin and Ethereum, when borrowing from the platform.
Q: What is the recommended borrowing amount?
A: It is advisable to borrow between 50% to 75% of the available credit to manage risk effectively.
Q: How can I maximize my earnings?
A: Users can maximize their earnings by locking a portion of their borrowed assets, which enhances their position on the leadership board and increases potential earnings.
Q: What is the leadership board?
A: The leadership board displays users' total points, which can fluctuate based on their borrowing and locking activities. It reflects their ranking and engagement on the platform.
Q: Can I invite others to join the platform?
A: Yes, users are encouraged to invite others to join the platform, as rewards are often given for successful referrals.
Q: What opportunities does the liquidity airdrop present?
A: The liquidity airdrop presents a unique opportunity for participants to engage in a decentralized finance environment, maximize earnings, and contribute to the growth of the platform.
Q: What should I do during the testing phase?
A: Participants are encouraged to actively borrow, lend, and lock assets to take advantage of the opportunity to potentially earn significant rewards as the testing phase progresses.