Bitrabo Airdrops
Rho Markets establishes a new lending protocol known as Scroll, which is based on an overcollateralized lending model with the backing of the Scroll team. The platform mainly offers lending services for various assets, including LRT assets, ETH, and wBTC. Moreover, users have the opportunity to stake $RATE for higher yields.
Rho Markets has initiated a Rho XP Loyalty Points (RXP) campaign to appreciate user participation. Through this program, RATE tokens will be distributed to early users in the future. Furthermore, Scroll tokens will also be allocated to RXP owners. RXP are ERC-20 tokens tied to the amount supplied to the lending pools and staking.
Simple Instructions to Participate:
- Go to Rho Markets, connect your wallet, and switch to the Scroll network.
- Deposit assets into the lending pools, such as ETH, STONE, USDC, USDT, wstETH, and solvBTC.b.
- Select the pool you wish to deposit to and confirm the transaction.
- The more you deposit and the longer you keep it in the pool, the more RXP you can earn.
- Borrow from Rho Markets to also earn RXP.
- The more you borrow and the longer you hold, the more RXP you can earn.
- Deposit over 0.05 ETH (or equivalent in stablecoins) to acquire “Rho Pets”.
- Each asset you deposit corresponds to a different Rho Pet.
- Participants depositing more than 0.10 ETH will receive an exclusive invitation code. By inviting others who deposit at least 0.05 ETH, the inviter earns 5% of the invitee’s points.
- In phase 1, points are granted based on the user’s supply rate, borrowing rate, and number of invited users.
- In phase 2, pet NFTs and team mode will be incorporated to enhance the airdrop experience.
- For detailed information on the Loyalty Points Program, refer to the official announcement.
- To learn more about Rho Pets, consult the Rho Markets documentation.
- Stay updated by following Rho Markets on X and enabling notifications for future announcements.
If you are intrigued by projects that do not possess a token yet and potentially might airdrop a governance token to early users later, check out our list of potential retroactive airdrops to not miss out on the upcoming DeFi airdrop opportunities!
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Brief Overview
- Website: https://dapp.rhomarkets.xyz/
- Ticker: RATE
- Documentation: Visit now
- Twitter:
- Discord Chat:
- Blog:
