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Airdrops, Boosted Stablecoin Farm, Lending

Market & NFT Staking


Yield Farming · APR 5TH, 2022

Jimin

Airdrop Echidna LendFlare Meekolony Tatsumeeko Yield Farming

Disclosure: Members of our team are participating in the following farms. This
statement is intended to disclose any conflict of interest and should not be
misconstrued as a recommendation to purchase any token or participate in any
farms. This content is for informational purposes only and you should not make
decisions based solely on it. This is not investment advice. Please exercise
extreme caution if you intend to participate in these opportunities.
Airdrops & Rumours

Element Finance has announced a 10% retroactive airdrop to 15,870


addresses. 7.5% goes to 9,989 Element users and 2.5% goes to Element
community members and Ethereum ecosystem contributors. You can see
find the distribution list here.
Pudgy Penguins has been acquired by LA-based entrepreneur Luca Netz in
a 750ETH deal. This had led to speculation of an airdrop to NFT holders.
Crypto Unicorns airdrop claim deadline is on April 7, 4 PM Pacific Time.
Unclaim rewards will be returned to the treasury.
Tatsumeeko will have a one-time airdrop of MKLN to Meekolony NFTs
holders. There will be seasonal airdrop bonuses that include furniture,
cosmetics, pet crates and other valuables.
DeFi Kingdoms will do an xCRYSTAL snapshot once every day between
April 4 and ends at 11:59 PM EST on April 25th. Each 10 xCRYSTAL held will
earn 1 ticket for the Gen 0 Hero raffle. 100 Crystalvale Gen 0s will be given
away in this raffle.
Ovix Protocol is a recently launched open-source lending and borrowing
protocol on Polygon. Early users may receive retroactive rewards.

LendFlare Farm

LendFlare allows Curve investors to borrow against their LPs for a certain amount
of period with a fixed borrow rate and no concerns for assets being liquidated
due to price fluctuations. Curve LPs will not be lent out again but reinvested in
Convex to ensure the maximum profit and give all back to borrowers. Investors
who supplied loan liquidity will gain one of the highest supplied interest rates
compared to current lending platforms. Learn more about it here.

Yield calculations can be found here. To access Ethereum, you’ll need to


configure your MetaMask to run Ethereum’s Mainnet.

Bridge: You can use Synapse Protocol to bridge assets over to Ethereum.
Ethereum uses ETH for gas.

Tokenomics: Out of a total of 3.03 Billion LFT tokens:

62% for liquidity providers


15% for IDO participants which can be claimed instantly
15% to permanently bootstrap Uniswap liquidity
3% for the team, vested over two years
4% for the community, vested over four years
1% for an airdrop which can be claimed instantly

Emissions: The initial mining rate is about 0.7 million LFT per day. At the end of
each year, the mining rate is lowered. The initial allocation ratio is set by the team
and then changed by community proposals. The allocation ratio depends on the
pool gauge weight.

VeLFT: The longer the user locks LFT tokens, the more VeLFT tokens the user
receives. The VeLFT tokens are not transferrable. The locking procedure depends
on a number of factors:

Holders receive 50% of loan interests on the platform and boost your LFT
rewards up to 2.5X
Holders can create their own proposals and vote.
VeLFT automatically boosts LFT earnings. LFT boosting depends on the total
number of VeLFTs and the total current pool liquidity.

Tutorial: Supply ETH (guide by LendFlare)

1. Go to the Supply Tab on LendFlare. From the dashboard, you’ll find all the
important details which include Total APY, Max Boost, Gauge Weight, TVL and
Available Supply. Select the ETH Pool.
2. Enter the amount of ETH you wish to supply. Approve the transaction first, then
select “Supply”.
Tutorial: Staking LFT (guide by LendFlare)

1. Go to the “Stake LFT” tab. From the dashboard, you’ll find all the important
details which include, My locked and earned LFT, Lock Length, End Dates and
APY.
2. Select the duration you wish to lock LTV. Then enter the amount of LTV you
wish to stake. Approve the transaction first, then select “Supply”.
Echidna Farm

Echidna Finance is a yield boosting protocol for Platypus Finance. Echidna


aggregates PTP and stakes them into Platypus permanently to build a vePTP
treasury. Anyone can leverage the treasury to maximize their stablecoin yield on
Platypus without owning PTP. There is no private sale or allocation to any
individuals or organizations. This arrangement engineers a fair starting point for
all Platypus community members. Learn more about it here.

Yield calculations can be found here. To access Echidna, you’ll need to configure
your MetaMask to run Avalanche Mainnet C-Chain using this guide.

Bridge: You can deposit and withdraw assets onto the Avalanche C-Chain using
the Avax Bridge.

Emissions: There will be a maximum token supply of 500M ECD tokens, with 70%
reserved for the liquidity mining program.

Out of the 70% Community Rewards:

55% goes to Liquidity Mining Incentives (ecdPTP stakers). These emissions


will follow a logarithmic function and are pro-rated with the number of PTP
tokens contributed to Echidna. This is to incentivize early PTP stakers so
Echidna can build a communal vePTP treasury for current and future users.
15% Bonus Rewards for Secondary Pools. 10% distributed at TGE over an
18-month linear vesting period.

Note: ecdPTP is the tokenized deposit of PTP tokens. It is obtained by depositing


PTP in the Echidna ecosystem with a fixed 1:1 exchange rate. PTP to ecdPTP
conversion is not directly reversible on Echidna but it can be swapped for PTP
via ecdPTP/PTP pool on Platypus.
ECD Token: ecdPTP can be staked on Echidna to earn ECD emissions. ECD
holders can then lock their ECD for up to two years in exchange for veECD,
which grants holders voting power on Echidna and 3-10% of all PTP revenue
earned by Echidna.

Tutorial: Staking USDT.e (guide by Echidna)

1. Head to the “Deposit LP & Stables” tab on Echidna. Select “Deposit USDT.e”.
2. After you connect your wallet, the dApp will automatically detect your
stablecoin balance. The example account has 9050 USDT.e available. First
“Approve” the transaction.
3. Once the amount has been approved, the “Deposit USDT.e” button will
become operational. You can deposit your funds by clicking on it.

Once this second transaction is confirmed, the detail of your deposited assets
will appear in the pool list below:

You will start accumulating rewards in PTP once your deposited assets appear in
the pool list. You may claim them at any point, either pool-by-pool by clicking the
back “Claim” button – or, by clicking on “Claim All LP Rewards” to claim rewards
from all pools collectively.
Meekolony NFT Staking

Tatsumeeko is a multi-chain modern fantasy play-and-earn role-playing game


(RPG) for IOS, Android, Discord and Web. In Tatsumeeko, you play as an
otherwordly stranger summoned by forces unknown to help deal with an
imminent threat in a world where magic and technology intertwine. Together with
other adventurers, you battle monsters, explore the world of lelia, build your own
communities and carve out your own destiny as you grow stronger and meet
new friends and foes alike. Learn more about it here.

Yield Calculations can be found here. To access Meekolony, you’ll need to


connect to a Solana-compatible wallet.

Bridge: You can deposit and withdraw assets onto the Solana using the
Wormhole Portal.
Meekolony Pass: Meekolony Passes are a series of 10,000 unique NFT passes for
Tatsumeeko. Each NFT was minted for 0.5 SOL. Although the mint has concluded,
you can still purchase them on secondary markets here. Meekolony’s are an
official partner of the OpenSea Solana launch project. Soon you will be able to
find and purchase Meekolony NFTs on OpenSea.

Perks:

Showcase Your Personality – Customize your Tatsumeeko character with


rare pass-only character cosmetics and exclusive auras.
Staking & Governance – Stake your Pass for $IGS, Tatsumeeko’s in-game
utility token and free season passes. Receive a one-time airdrop of $MKLN,
the governance token behind the game.
Airdrop Bonuses – Each pass comes with a seasonal airdrop of in-game
items for all staked NFT holders. Drops may include furniture, cosmetics,
pet crates and other valuables.
Bridging Web2 and Web3 – The Longue is the unique community populated
by both Web2 and Web3 denizens. Play a role in helping bring
improvements of Web3 to more than 1.4 million Discord communities via
Tatsumeeko.
Value Accrual – Tatsumeeko’s tokenomics are designed to drive value back
to Meekolony Pass and $MKLN token holders. Also, get whitelists or
discounts on future NFT drops.

Tutorial: Stake Meekolony NFTs (guide by Tatsumeeko)

1. Go to the Meekolony Staking page. To acquire the benefits of staking, you must
own at least one Meeko NFT. On the website, click on “Select Wallet” and
connect your Solana wallet.
2. After connecting your wallet, your currently owned Meeko NFTs will appear
under the “Your Meeko” section.

3. Click on the “Stake” button for the Meekos you wish to stake. (Note: the bulk
staking feature is currently in development). For every Meeko you stake, a
prompt will appear displaying a small fee for transferring the Meeko NFT into the
staking program, plus a small Network Fee for the overall transaction.
4. After approving, your staked Meekos will now appear under the “Staked
Meeko” section.

5. You can view your daily $IGS income beside “reward rate” and the overall
amount of your accumulated $IGS beside “staking reward”. The “staking reward”
figure will begin from zero and will show the current accumulated number a day
after you stake your Meekos.

There is no limit to staking per user. You can stake all the Meeko NFTs you own.
Each staked Meeko is worth 1 $IGS daily. You can claim your $IGS when the
figure is higher than zero. Simply click on the “Claim” button.
As always, please exercise extreme caution if you intend to participate in these
opportunities. Happy farming everyone!

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