More and more platforms are using a points system to track users’ activity and attract people to their platform with the promise of airdrops that will follow this points chase.
The platform ZeroLend has recently announced its Zero Gravity points system, which will allow users to receive an allocation of $ZERO tokens proportional to the points accumulated during this campaign.
Find in this guide the steps to qualify for the confirmed airdrop of ZeroLend.
Some key points on the ZeroLend airdrop
- Project: ZeroLend
- Token: ZERO
- Blockchain: Manta / ZkSync
- Costs: Paying (mainnet)
What is ZeroLend?
ZeroLend is a decentralized lending platform (DeFi) that allows users to borrow and lend digital assets without intermediaries. It is built on the zkSync blockchain, which offers fast, secure, and low-cost transactions.
Main features
- Loan and Borrow: Users can lend or borrow digital assets, such as ETH, DAI, USDC, and USDT.
- Liquidity: Users can provide liquidity to the protocol by lending assets. In return, they receive rewards in $ZERO, the governing token of ZeroLend.
- Stablecoin ONEZ: ZeroLend has its own stablecoin, ONEZ. It is designed to capture the native yield of the lending protocol and has the ability to repay a loan on its own.
Tokenomics
The $ZERO token is used for the following functions:
- Governance: $ZERO holders can vote on important protocol-related decisions.
- Incentives: $ZERO rewards are used to incentivize users to participate in the protocol.
- Liquidity: $ZERO is used to provide liquidity to the protocol.
How to qualify for the ZeroLend airdrop?
Firstly, make sure you have an Ethereum wallet to interact with the ZeroLend platform. Here is a list of recommended Ethereum wallets below:
Once you have downloaded and set up your wallet, go to the ZeroLend platform using this link: [click here to visit the platform].
As you may have understood from the introduction of this article, the goal is to accumulate as many points as possible to increase your allocation during the $ZERO token airdrop.
Here are the actions that will earn you points:
- Join and verify your account on the ZeroLend Discord server: 100 PTS
- Send the message “gm” in the dedicated Discord channel (#gm): 10 PTS per day
- Delegate tokens on the platform for a minimum amount of $100: 1 PTS/USD per day
- Borrow tokens on ZeroLend: 4 PTS/USD per day
- Invite users to the platform: 20% of your invitees’ PTS
- Stake $PYTH tokens: 1 PT per staked $PYTH
- Accumulate earlyZERO: 1:1 ratio
1 – Lend Tokens on ZeroLend
The first option that will allow you to accumulate daily points on the platform is lending, which simply involves depositing liquidity on the platform. Additionally, the assets on the platform offer a yield distributed in earlyZERO tokens, which correspond to future ZERO tokens.
However, if you want to earn points through lending, as explained in the introduction of the points system, you will need to deposit at least $100 worth of liquidity to start generating points.
Start by connecting your wallet to the platform using the ZkSync or Manta network. Then select the market corresponding to the network you are connected to.
Click on the “Details” button next to the asset you want to deposit. It may be interesting to deposit tokens with high earlyZERO yields to optimize and increase your future allocation during the airdrop.
Borrowing tokens on ZeroLend also allows you to earn a yield in earlyZERO tokens.
To borrow tokens, go back to the “Home” tab and click on “Details” next to the token you want to borrow.
Click on the “Borrow” button and enter the amount of assets you want to borrow. Then click on “Deposit” and confirm the transaction to finalize your loan.
Borrowing assets on the platform carries significant risks and can result in the liquidation of some or all of your assets.
3 – Bonus Points
As you may have understood during the introduction of the points system, it is possible to earn some points without interacting with the platform itself.
3.1 – Discord Mission
To earn your first 100 points, you will need to join the ZeroLend Discord server and verify your account. You can then claim your points on the ZeroLend airdrop dashboard.
You will also have the opportunity to send the message “Gm” in the dedicated channel to earn 10 daily points.
3.2 – Invite Users to Join ZeroLend
Inviting users to participate in this airdrop can be a good way to accumulate a large number of points. You will receive 20% bonus points of the points earned by your referral. They will also receive an additional 20% bonus points just by using the invitation link.
You will find your invitation link on your ZeroLend airdrop dashboard by clicking on “Refer” which will copy your link to your clipboard.
3.3 – Stake PYTH tokens
If you have staked $PYTH tokens, you have the opportunity to earn 1 point per staked $PYTH.
To claim your points for this task, you will first need to link the Solana wallet on which you have staked your $PYTH to your EVM wallet used on ZeroLend. To do this, start by going to the Pyth staking page, then connect your Solana wallet and access the “Profile” tab.
Then enter your EVM address in the dedicated field. Click on the “Sumbit” button to link your addresses together.
Important details
In order to maximize your allocation during the airdrop and token launch, your goal, as you have understood, will be to accumulate as many points as possible, as well as earlyZERO tokens, which will guarantee you tokens.
More missions are coming in the Zero Gravity program, so make sure to follow the @zerolendxyz account and join the Zero Gravity Discord server.
