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marginfi

Raised: $3.00M

Overview

Rating

47

Status

CONFIRMED

Cost

N/A

Time

N/A min

Tasks

    Lend/Borrow to Get Points
    Open
    No Deadline
    Mainnet
    solana

Instructions

Lend/Borrow to Get Points

Completed

1. Go to the website and connect your wallet:

 

2. Open the "Lend" tab and select the pool you want to supply to:

 

3. Enter the supply amount and click "Supply". Confirm the transaction.

 

For every dollar supplied (in any asset) you earn 1 point per day. The more you supply, the more points you earn. Consider supplying assets for a longer period of time to earn more points.

 

4. Next, click "Borrow" and select the pool you want to borrow from:

 

5. Enter the amount you want to borrow and click "Borrow". Be careful and do not borrow a large amount of assets or you may be liquidated! We don't recommend borrowing more than 30% of your supply amount!

 

For example, if you lend $1000 and borrow $300 you will get 2200 points every day (1000*1 and 1000*4=2200).