Airdrop Farmer, welcome back! If you’ve heard rumors about retroactive loan airdrops but aren’t sure what they are, you’ve come to the right place. Buckle up for a fun-filled ride through this exciting terrain!
borrow and lend
So what about cryptocurrency loans? Think of it like this: There are digital assets such as Bitcoin and Ethereum, but they are not currently in use. Instead of collecting dust (metaphorically speaking, of course), you can lend it to someone else and earn interest in return. It’s like putting your cryptocurrency to work while you’re drinking your morning coffee.
Now on to NFTs – the new kid on the blockchain block. NFTs, or non-fungible tokens, are like digital collector’s items. It can be used to express anything from digital art to virtual real estate and is currently very popular. Buying, selling, and trading NFTs is like entering a virtual treasure trove of endless creativity.
So where do lending and NFTs intersect? Well, some platforms allow you to use NFTs as collateral for loans. It’s like pledging your rare digital collectibles at a pawn shop to make some quick cash, except with the dusty old pawn shop vibe. Plus, you can keep ownership of your NFT, so it’s a win-win!
Now, before jumping into the world of cryptocurrency lending and NFTs, here are a few things to keep in mind. First of all, do your research. Not all lending platforms and NFT marketplaces are created equal, so make sure you’re dealing with a reputable platform.
Second, be aware of the risks. Cryptocurrency markets are volatile, and NFT values can fluctuate like a roller coaster on steroids. Invest only what you can afford to lose, and always have a Plan B (or Plan C) just in case.
Now that you understand the lending and borrowing part, let’s take a look at loan airdrops.
Farmable Loan Airdrop List
There are several options for announced or speculated airdrops. We will start with simple loans and finish with NFT loan airdrops.
1) Margin Pie
Marginfi is a platform for cryptocurrency margin trading on the Solana blockchain, allowing users to leverage their crypto assets to take on larger positions while providing the essential tools and data for successful trading.
Marginfi goes beyond cryptocurrency margin trading by providing traders with real-time market data, advanced charting tools, and customizable trading strategies.
Collect points to borrow and borrow for future airdrops.
2) Anti-finance
Kinza Finance is a decentralized lending protocol on the BNB chain, emphasizing token economics and a real return approach inspired by ve(3,3). Designed by seasoned fintech and blockchain experts, the game takes inspiration from the gold guilds of the Tokugawa shogunate and blends traditional financial concepts with modern DeFi practices.
Kinza Finance operates under KZA and its equity format, xKZA. Staking grants holders dividends and voting rights, and borrowers earn rewards. The conversion system encourages continued participation by allowing reversion to the original token.
5% of supply is reserved for retroactive airdrops.
3) Shoeville Finance
Shoebill Finance is a DeFi protocol operating on the Wemix, Klaytn, and Manta ecosystems that scales investments through borrowing and provides leveraged investment opportunities that generate mutual benefits for investors and depositors.
Shoebill advocates a low-risk, high-return approach through token borrowing and re-staking, while guaranteeing lenders a stable rate of return using Liquid Stake Tokens (LST) as collateral.
Earn points through lending activities for future airdrops.
4) Scallops
Scallop is a groundbreaking money market machine in the @SuiNetwork ecosystem that emphasizes institutional-grade quality, improved composability, and robust security.
Scallop offers high-yield lending and cost-effective lending opportunities featuring innovative sCoin for soft liquidation mechanisms and enhanced user control.
Although this is not confirmed, it strongly suggests that an airdrop will be conducted in the future.
5) Rain Pie
Rain.fi revolutionizes Solana’s lending marketplace by using NFTs as collateral for lending and borrowing digital currencies such as SOL, USDC, PYTH, and mSOL, blending traditional mortgage practices with the digital asset space.
For organizations, Rain.fi allows them to streamline lending by integrating SOL liquidity pools on their website, while individual users can easily borrow SOL using NFTs, bridging digital asset ownership with accessible liquidity.
Collecting droplets opens up a world of exclusive rewards and hints at potential retro rewards.
NFT loan airdrop
Lastly, let’s discuss two of the biggest lending opportunities in the NFT world: Ethereum.
1) Cloudy
Blur is a free NFT marketplace designed for professional traders, with real-time aggregation features that allow you to organize and list across multiple NFT marketplaces. BLUR is the first marketplace to offer advanced trading tools for free and offer loyalty as an incentive.
Blur Lending, also known as Blend, is an innovative peer-to-peer perpetual lending protocol for NFTs co-developed with @DanRobinson and @Transmissions11. This mirrors the role of mortgages in real estate, improving yield opportunities and making NFT ownership more accessible.
In the third airdrop season, collect points by bidding on blended lending. The higher the risk of your loan, the more points you earn. You don’t actually earn points by lending, but you do earn points by offering loan bids (liquidity).
2) NFTfi
NFTfi is a leading liquidity protocol that allows NFT owners to use their NFT assets to access the liquidity they need in a completely trustless manner through secured $ETH, $DAI and $USDC lending from liquidity providers, P2P. The platform provides seamless financialization of NFT-based economies through innovative mechanisms and highly user-friendly applications.
NFTfi’s lending process is simple and secure. Borrowers provide NFTs as collateral and receive loan offers from lenders. Using NFTfi, lenders have the opportunity to earn attractive yields or acquire NFTs at a steep discount to market value. NFTfi’s platform allows lenders to make a private offer on an entire collection or submit a valid Standing Collection Offer (SCO) on currently listed NFTs from a specific NFT collection.
Earn points for future airdrops based on your loan size.
last words
Lastly, have fun! Cryptocurrency lending and NFTs are about breaking new ground and embracing the digital revolution. So grab your virtual pickaxe and start digging for digital gold. Loan assistance awaits!
In conclusion, cryptocurrency lending and NFTs are like the peanut butter and jelly of the digital world. They hang out together. With a little know-how and a little caution, you can confidently navigate this exciting territory. So, what are you waiting for? Learn more about what treasures await you in the world of cryptocurrency lending and NFTs!
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If you’re deep into airdrop farming, you’ll love our latest guide on staking and re-staking airdrops and the 7 wallets you’ll need.