Rho Markets AIRDROP BONUS 2024
Step-by-Step Guide: Rho Markets Airdrop
Visit Rho Markets: Go to the Rho Markets website.
Connect Your Wallet: Connect your crypto wallet and switch to the Scroll network.
Supply Assets: Supply assets to the lending pools. Available assets include ETH, STONE, USDC, USDT, wstETH, and solvBTC.b.
- Click on "Supply" for the pool you want to deposit into and confirm the transaction.
Earn RXP:
- The more you supply and the longer your deposit remains in the lending pool, the more RXP you can earn.
- Borrow from Rho Markets to earn additional RXP.
- The more you borrow and the longer you hold, the more RXP you can earn.
Collect Rho Pets:
- Deposit more than 0.05 ETH (or equivalent in stables) to collect “Rho Pets”.
- Each asset you supply is associated with a different Rho Pet.
Exclusive Invitation Code:
- Users who supply more than 0.10 ETH will receive an exclusive invitation code.
- If a user invites others who supply at least 0.05 ETH, the inviter receives 5% of the invited person’s points.
Points Allocation:
- In phase 1, points are allocated based on the user’s supply rate, borrow rate, and number of users they invite.
- In phase 2, pet NFTs and team mode will be introduced to make the airdrop activities more fun and engaging.
Additional Information:
- For more details about the Loyalty Points Program, check out this official announcement.
- To learn more about Rho Pets, check out the Rho Markets docs.
Stay Updated:
- Follow Rho Markets on Twitter and turn on notifications for further updates.
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Rho Markets Launches Rho XP Loyalty Points Campaign
Rho Markets is the first Scroll native lending protocol, featuring an overcollateralized lending model backed by the Scroll team. Rho Markets primarily offers lending services for users, including LRT assets as well as mainstream assets like ETH and wBTC. Additionally, users can stake $RATE to earn higher yields.
Rho Markets is running a Rho XP Loyalty Points (RXP) campaign to reward participation. This program serves as an accounting system to distribute RATE tokens to early users in the future. Scroll tokens will also be distributed to RXP holders. RXP are soulbound ERC-20 tokens allocated in proportion to the amount supplied to the lending pools and staking.