Loopscale is a modular, order book–based lending protocol on Solana
It enables overcollateralized borrowing and lending across a wide variety of digital assets, including staked tokens, LP positions and other specialized primitives
💸 The project raised $4.25M in 2021 💸
💰 Backed by Solana Ventures, Coinbase Ventures, CoinFund, Jump and Room40 💰
🪂 While no official airdrop has been announced yet, Loopscale has recently introduced a points system on its platform, a strong hint that these points could play a role in a future airdrop 🪂
How does it work ?
Lend/Borrow assets
Farm points
Step-by-Step Guide
Step 1: Access the Loopscale Platform
Go to Loopscale
Optional: use this referral code or bonus points: m9tQZ
Connect your Solana wallet
Step 2: Start Lending
Navigate to the “Lend” section
Choose the assets you want to deposit and click “Deposit” to start earning points
Step 3: Borrow Assets
Head to the “Borrow” section
Select the assets you want to borrow and confirm with “Borrow”
Step 4: Boost Your Points
Go to the “Points” section
Complete the social tasks by connecting your X (Twitter) and Discord accounts for extra points
You can also enter a referral code here and track all your positions generating points
Step 5: Join the Discord Community
Enter the Loopscale Discord
Try to farm roles and stay active to keep up with future updates
