Loop is a dedicated lending market for Ethereum carry trades. Users can supply a long tail of Liquid Restaking derivatives (e.g., Pendle LP tokens) as collateral to borrow ETH for increased yield and points exposure
Loop is running a points program for its users. The Points Program incentivizes users to lock ETH, or liquid restaking tokens (LRT), into the protocol. Loop has announced that at TGE, 7% of the tokens will be airdropped with a linear conversion among all participants.
Step-by-Step Guide:
Don't forget to follow us on , , & and to receive new airdrops!- Visit the Loop website.
- Connect your wallet.
- Ensure to have ETH or WETH in your wallet. If you don’t have any, get them on Binance.
- Now deposit ETH or liquid restaking tokens to start earning points (Quaaloops).
- You can also refer your friends to earn 20% of the points given to the depositor.
- At TGE, 7% of the supply will be distributed among the participants depending on the number of points earned.
- For more details about the airdrop, visit this official announcement.
