đ¨AIRDROP MARGINFI ON SOLANA: HOW TO POSITION YOURSELF TO BENEFIT FROM IT?
â Over the past few weeks, Solana has been the center of interest following the distribution of several airdrops. For example, Jito users received several thousand dollars last week. So much so that many Internet users go so far as to say that the âairdrop seasonâ has launched on Solana. Indeed, more and more protocols are announcing their desire to follow the trend. Let's explore MarginFi together, and its airdrop potential.
đ¨MARGINFI AIRDROP: HOW TO POSITION YOURSELF?
â INSTALL A SOLANA WALLET
To position yourself on the MarginFi airdrop, you will need to arm yourself with a Solana wallet. For our part, we use the Phantom wallet. Install it, save your seedphrase and use the exchange platform or bridge of your choice to power your wallet.
â The amount used remains at your discretion. However, as you will have understood, the points are a direct function of volume and time. Therefore, the larger the amounts and the longer they are allocated to the platform, the more points you generate.
đ¨ INTERACT WITH MARGINFI
â From now on, we will be able to interact with the MarginFi protocol. To do this, go to the official project website: app.marginfi.com.
â Now we will get down to generating points. To do this, we will go to the âLendâ part of the protocol. You will find all the tokens supported by MarginFi there.
â From now on, we will deposit our assets on the protocol. In our case, we chose to deposit SOL, in order to remain exposed to the native token of the Solana ecosystem.
â To do this, we will enter the amount we wish to deposit on MarginFi, here, we deposit 0.5 SOL, then we click on âSupplyâ. Sign the transaction and your deposit will be effective!
â Now, letâs move on to borrowing. As we saw previously, loans are 4 times more rewarded than deposits, so we are not going to deprive ourselves!
