Loop provides a platform dedicated to Ethereum lending for carry trades. Users can utilize Liquid Restaking derivatives, like Pendle LP tokens, as collateral to borrow ETH, enhancing yield and exposure.
Loop has a Points Program that encourages users to lock ETH or liquid restaking tokens (LRT) in the protocol. During the Token Generation Event (TGE), 7% of the tokens will be airdropped with an even distribution among all participants.
- Go to the Loop website.
- Connect your wallet.
- Ensure you have ETH or WETH in your wallet. Acquire them on Binance if needed.
- Deposit ETH or liquid restaking tokens to start earning points (Quaaloops).
- Refer friends to receive 20% of the points earned by the depositor.
- During TGE, 7% of the supply will be shared among participants based on accumulated points.
- For further airdrop information, refer to the official announcement.
Interested in projects without tokens yet that may offer governance token airdrops to early users in the future? Explore our list of potential retroactive airdrops to ensure you don’t miss out on upcoming DeFi airdrops! Stay updated by following us on Twitter, Telegram, and Facebook, as well as subscribing to our newsletter for new airdrop notifications!
Project Overview
- Website: https://poolparty.loopfi.xyz/
- Ticker: LOOP
- Documentation: Visit now
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