RainFi: Making It Rain
This article was compiled from a long-form twitter thread. To read the original, visit this link: https://x.com/inv515/status/1891750171345629407
Making It Rain
@RainFi_has an active points program & some of DeFi's most interesting features.
Let’s check it out, but if you aren't there already, here's a link to get you started.
https://rain.fi/?referral=5GmbY4EGFkv4Tvcr3unjZQWgoAF25kSnKYiYLR1VM2Ub
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RainFi allows you to lend, borrow, swap & earn
There are a few useful twists though. The Rainfi protocol allows for a lot of flexibility.
It also helps you avoid price-based liquidation, reducing your overall risk.
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You don't need token assets either. Not only can you use your NFTs as collateral but there's also an interesting buy now pay later concept.
With this, you can purchase an NFT at a reduced rate.
When the market shifts you can either settle the difference or on-sell it.
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MarginSwap allows you to swap with leverage.
Here, you can amplify your position while avoiding liquidations based on price.
You'll still need to settle your loan on time but no liquidations is pretty sweet.
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You can also create lending pools with a variety of assets that include meme coins.
It allows for flexibility in setup & configuration to keep you protected while you earn.
It's super easy to set up, just a few clicks get you started.
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When you use certain products, you'll be allocated droplets for each transaction.
These droplets are the key to unlocking some future rewards.
You can earn droplets on Lend/Borrow, Margin Swap & BNPL
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Despite being airdrop season on $SOL there's still plenty of room on the leaderboard.
Today, there are currently around 20k users
This means that it's still early & some effort, will see you working your way up the ranks.
Prizes are coming.
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As always, you'll want to check out the fine print so you can make an informed choice.
Here's a blog about the points:
And the community discord:
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Like this thread?
All the good stuff goes to telegram.
Join to get interesting project & airdrop updates.
End of Thread
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