Marginfi is a decentralized margin protocol for trading in Solana, enabling traders to access margin, manage risk, and enhance capital efficiency across the entire Solana ecosystem.
Marginfi received funding $3 Million in seed funding, invested by Solana Venture, Pantera Capital and others.
Yesterday, we discussed Jito airdrop and how to mint JitoSOL. This guide teaches how to lend and borrow on Marginfi using JitoSOL, earning more Jito and Marginfi Points for future airdrops.
Make sure you have enough SOL or JitoSOL to lend on Marginfi
SUPPLY OR LEND ON MARGINFI:
- Go to https://app.marginfi.com/ and connect your Solana wallet
- Select JitoSOL and Enter Amount
- Click Supply to lend
- If you JitoSOL is full, try to lend SOL for better
BORROW SOME USDC ON MARGINFI:
- Select Borrow and Proceed to USDC
- Enter small amount of USDC, don’t go for max
- Click Borrow and confirm in the blockchain
Understand you need to pay borrowed amount later date to get back you supplied SOL or JitoSOL.
You can always check your Points on Point Dashboard
- Point Dashboard: https://app.marginfi.com/points
That’s all for today!
Be the first to receive our airdrop news. Subscribe to our newsletter!
Get information on the best Airdrops by following our Social Networks
