🚨 Unlockd Testnet is Live / Rewards Promised
@Unlockd_Finance is a platform aimed to help you with Instant, safe loans against your NFTs keeping all their utility. Let's see what they have to say!
This Tread Will Be Updated. 0/9
⭕️ Like and RT
#AlphaInsiders 🧵🕵️♂️⚡️🪂
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WE (AlphaInsiders) ARE NOT FINANCIAL ADVISORS.
THIS IS NOT FINANCIAL ADVICE.
Everything in this thread is intended as educational material, not financial advice for any individual. ALWAYS DYOR.
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⭕️Whats Unlockd?
is a decentralized protocol that unlocks democratized NFT liquidity & utility through crosschain/permissionless/instant/NFT-backed loans
⭕️How does it work?
Lenders deposit their assets in pools to receive yield in exchange for their liquidity contribution.
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Borrowers take overcollateralized loans, with no fixed expiration date, instantaneously, with a fair interest rate, and against their NFTs — if they are part of the eligible collections. This interest is used to pay lenders' yields, and distribute rewards to token holders.
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Unlockd is a cross-chain protocol, which means that the NFT deposited as collateral and the tokens borrowed don't need to be on the same chain.
Unlockd ecosystem is backed by many investors and they have done partnerships with many projects listed on their website.
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⭕️ Why are we doing this!
Ok wait a second I have to admit I'm not a fan of how they are doing the marketing/ testnets/ and promising the rewards/ Airdrop but I just sharing the news here so its your call do to this or not.
You still might wanna test it bcz its a cool product
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⭕️Token?
Tokenomics has not been shared yet. But they already promised A huge % of the total supply will be completely airdropped to the community, in appreciation for the support and use of the protocol. We expect this to happen as soon as Unlockd V1 goes live.
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⭕️What to do?
🔸Conect the wallet and Mint an NFT
goerli.unlockd.finance/faucet
🔸Once you mint the NFT/ Test every single thing Earn / Borrow etc...
if you don't know how to do that watch
🔸Do some extra tasks to collect points
airdrop.unlockd.finance/?kid=2M08Q6
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🔸Join discord and leave feedback
discord.gg/unlockd
🔸Follow @AlphaInsiders for Future Updates
You can also read this thread on Mirror and collect it as an NFT
mirror.xyz/alphainsiders.…
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If You Want To Claim The Next #Airdrop
Make sure to follow 🚨 @AlphaInsiders
and Join Our Discord discord.gg/alphainsiders
We share multiple tasks, high-potential airdrops testnets, alpha, etc...
🔸EARLY BIRD GETS THE WORM / Just saying
This is #AlphaInsiders🕵️♂️⚡️
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