David Edwards

Published On: 12/03/2024
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MarginFi Confirmed Airdrop on Solana
By Published On: 12/03/2024

Marginfi is a decentralized lending protocol on Solana that prioritizes risk management to provide a safe and reliable solution for users looking to access leverage and maximize capital efficiency. The protocol is a fully permissionless suite of smart contracts deployed on a blockchain, paired with real-time risk management and automatic liquidations.

Invetments in rhe project: $3M

Partnesrhip: Multicoin Capital, Framework Ventures, Solana Ventures

Step-by-Step Guide:

  1. Go to website
  2. Connect your Solana wallet
  3. Click “Lend”
  4. Lend any of your asset (For example: Solana). 1 dollar= 1 point/day
  5. Also you can borrow any asset.(It’s very risky. If you borrow money, then borrow 25-30% of your deposit. It is best to borrow USDC). 1 dollar= 4 points/day
  6. Also, refer users to earn more points. You will receive a referral link only after you earn 1 point on the platform (takes one hour to update).