Copra serves as a marketplace for debts linked to fixed-yield protocols. The primary purpose of their fixed-rate loans is to enable other DeFi protocols to accumulate protocol-managed liquidity. This liquidity can be utilized to 1) initiate new liquidity pools while minimizing reliance on an oversupply of token emissions, and 2) boost the income of protocols by capitalizing on yield spread from effective strategies.
Though Copra does not yet possess its own token, it is rapidly ascending in terms of total value locked (TVL). There are hints of a potential airdrop forthcoming. Users lending tokens on the site might qualify for this airdrop once the token is launched. Completing Zealy tasks can also enhance your chances.
- Access the Copra dApp.
- Link your Arbitrum wallet.
- Acquire some ETH and/or USDC, available for purchase on Binance.
- Select a pool and deposit your tokens.
- You’ll begin earning yield on your deposit.
- Additionally, engage in Zealy quests.
- While they lack their own token now, an airdrop has been hinted at.
- Active users of the platform may receive an airdrop when the token is launched.
If you’re keen on discovering other projects without a token that could possibly airdrop governance tokens to early participants, explore our selection of anticipated retroactive airdrops to ensure you don’t miss upcoming DeFi opportunities!
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