What is Alloc8?
Alloc8 is a DeFi protocol built on Ethereum that enables users to access leveraged positions across various DeFi applications through Gnosis Safe integration. The platform’s core innovation lies in simplifying on-chain credit, allowing users to obtain up to 10x leverage for participating in DeFi protocols, earning rewards, and potentially qualifying for airdrops.The protocol streamlines the traditionally complex process of managing leveraged positions in DeFi, making it more accessible to users while maintaining security through Gnosis Safe’s battle-tested infrastructure.
Alloc8 Airdrop Details
While an Alloc8 token airdrop hasn’t been officially confirmed, the protocol has launched a points-based system on Ethereum Sepolia testnet that could indicate a future token distribution. Users can earn points by completing four distinct missions through platform interaction, with these points potentially determining airdrop eligibility.Step-by-Step Guide:
How to Farm the Alloc8 Airdrop
- Access the Platform
- Visit Alloc8’s website and click “Launch app”
- Join the Alloc8 Telegram channel to obtain an invite code
- Connect your wallet after entering the invite code
- Get Test Tokens
- Navigate to “Get WETH” section
- Acquire WETH on Ethereum Sepolia testnet
- Supply Liquidity
- Go to “Earn” section and click on “Supply”
- Enter desired WETH amount
- Approve and confirm the deposit transaction
- Setup Leverage Account
- Navigate to “Leverage” section
- Create a leveraged account
- Go to “Manage” then “Borrow”
- Borrow WETH against your deposit
- Implement Strategy
- Return to “Leverage” page
- Choose a strategy (e.g., eETH)
- Click “Invest Now”
- Enter WETH deposit amount
- Complete approval and deposit transactions
Tips to Maximize Potential Rewards
- Complete all available missions to maximize points
- Maintain regular platform activity
- Follow official social media for new mission announcements
- Consider diversifying strategies when investing
Update: MeowFi Opens Early Access Registration for AI-Powered LP Farming Tool
MeowFi has announced an early access registration for their AI agent designed to automate liquidity pool farming on decentralized exchanges (DEXes). This innovative tool aims to optimize liquidity provision by predicting the most profitable LP range ticks.Eligibility Requirements
To qualify for the allowlist, participants must meet at least one of the following criteria:- Have previously provided liquidity on CamelotDEX, Ramses, or any other leading DEX
- Own a LobsterDAO NFT
- Hold a DegenScore Beacon
How to Register
- Visit the MeowFi registration form
- Verify your eligibility by connecting your wallet
- Complete the registration process
- Wait for confirmation of your early access status
FAQs
Is the Alloc8 Airdrop Confirmed?No, the airdrop is currently speculative, though the points system suggests possible future token distribution.
How Many Points Can I Earn?
The platform currently offers four missions for point accumulation. Specific point values may vary per mission.
Do I Need Real ETH to Participate?
No, all interactions occur on Sepolia testnet using test tokens.
When Will the Airdrop Happen?
No official announcement has been made regarding an airdrop timeline.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
- Airdrop Link: Go to airdrop
- Total value: n/a
Airdrop unconfirmed
- Platform: eth
