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Happening Right Now: Marginly Is Bootstrapping Liquidity
Manage episode 419421922 series 3570694
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This story was originally published on HackerNoon at: https://hackernoon.com/happening-right-now-marginly-is-bootstrapping-liquidity.
With liquidity in Marginly pools, leveraged yield farmers may post margin and then borrow from these pools to gain their desired leverage and respective APY boo
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Marginly, the leverage-as-a-service protocol that enables one-click leverage on yield-bearing assets, kicked off its Liquidity Bootstrap Event on May 15. The protocol is rewarding depositors who provide ETH, USDC, or USDT with both high interest rates and Sparks. Sparks make liquidity providers eligible for the upcoming Marginly airdrop.
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