Lendasat Airdrop
About Lendasat
Lendasat is a peer-to-peer lending platform that lets users borrow stablecoins or fiat currency using Bitcoin as collateral. It functions as a non-custodial, instant Bitcoin loan service built with Discreet Log Contracts (DLC) on ARK technology, allowing users to retain control of their BTC while unlocking liquidity. The platform targets both borrowers, who want liquidity without selling their Bitcoin, and lenders, who provide stablecoins like USDC and USDT across networks such as Polygon, Ethereum, Solana, and Starknet.
Why we choose Lendasat?
We picked Lendasat because it focuses on Bitcoin-backed lending in a non-custodial setup using advanced technology like Discreet Log Contracts on ARK. The project is in a closed beta phase with invite-only access, which suggests a strong emphasis on early adopters and testing. Its multi-chain support for stablecoins and dual-sided participation (borrowing and lending) positions it as a potentially notable DeFi lending protocol if a governance or native token is introduced later.
Lendasat Airdrop Guide
Airdrop Eligibility
Complete the tasks below in the How To section to maximize airdrop eligibility
How to get Lendasat Airdrop?
1. Visit the Lendasat platform.
2. Obtain an invitation code or use the provided invitation/referral link for closed beta access.
3. Sign up on the platform using your email and complete registration.
4. Ensure your wallets hold the necessary assets: Bitcoin for borrowing and/or USDC or USDT for lending. If needed, purchase from an exchange like Binance or bridge assets using a service such as Rhino Bridge.
5. Navigate to the contracts section and create a new loan offer request.
6. For borrowers:
– Transfer your Bitcoin to the platform’s non-custodial system as collateral.
– Select your preferred stablecoin (USDC or USDT).
– Choose the blockchain network (Ethereum, Polygon, Solana, or Starknet) where you want to receive funds.
– Set your loan terms and collateral ratio, then confirm the loan request.
7. For lenders:
– Deposit your USDC or USDT into the lending pool on your chosen supported network.
– Specify your lending terms and interest rates.
– Confirm the deposit and lending parameters.
8. Optionally, invite friends to the platform using your referral link to earn additional rewards.
9. Continue using the platform as a borrower and/or lender during the beta to maximize potential eligibility for any future retroactive airdrop.
