Marginfi and Their Points System (For A Possible Airdrop?!)

Marginfi and Their Points System (For A Possible Airdrop?!)

By Torero99 | Solana Airdrop Season | 15 Mar 2024



Marginfi is leading us to believe that they will launch their own token.

What is marginfi?

Marginfi is a decentralized lending protocol, where you can lend/borrow, stake, swap and bridge tokens in the Solana ecosystem.

How do you earn points?

You can earn points by lending or borrowing assets, very similar to Kamino Finance.

Although the launch of their token is not official yet, the marginfi points are available on Whales Market to be traded, so usually it means that those points will be converted for a possible airdrop.

The biggest clue is what they shared on Twitter



You can notice that on the fifth paragraph they mention that there will be (a token?) which ?? marginfi ?called? MRGN.

The clues are there for another Airdrop, will you farm?

I am lending some SOL just in case, and earning a small APY on it.

Currently if you are using the backpack wallet you earn a 5% boost on your points!


You can check their website here.

 

Thank you for reading!

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Torero99
Torero99

Trying to explore the crypto world


Solana Airdrop Season
Solana Airdrop Season

Solana Aidrop Season is here, it's time to farm!

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