Airdrop Guide - OpenLeverage
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TLDR: Mainnet, No Minimum, Confirmed Airdrop
Introduction
OpenLeverage (Twitter : https://twitter.com/OpenLeverage) is a lending and margin trading protocol on BSC.
Rules
OpenLeverage is holding a new campaign in which users will receive rewards based on a combination of their lending amount and time span or their trading volume.
The campaign will last for 14 days, from April 5, 2022, at 12 PM UTC to April 19, 2022, at 12 PM UTC.
Lending Rewards:
5 million $OLE lending rewards will be shared between 37 top trading pairs on the BNB Chain with TVL over $1M.
Trading Rewards:
Members who open positions with trading volume levels during the campaign will be awarded the corresponding $OLE rewards.
For details, read here.
Guide
Getting Started:
Switch your network to BSC Mainnet where OpenLeverage is on.
Step 1:
Go to OpenLeverage using https://bnb.openleverage.finance/app/referral/f521ba1f (5% more rewards).
Step 2:
Click “Lend to Earn”. Then choose which asset you want to lend out. For example, I am choosing BNB here.
Step 3:
In OpenLeverage, each trading pair (all paired with $BNB in $BNB Pools) has an independent lending pool. Choose the trading pair you want to lend your assets to. You might want to choose the ones with a higher reward ratio as they give more $OLE tokens.
Step 4:
Click “Deposit”. Input your amount and confirm. The $BNB will now be lent out to leverage traders of the chosen trading pair.
Step 5:
To see your total $OLE earned, go to “Rewards”.
Step 6: (Optional)
For experienced traders or those who know how to hedge/open two-way position, you might also want to margin trade to gain even more $OLE rewards. You can also leverage trade the USDT-BUSD pair for no risk.
The minimum trading volume to be eligible for rewards is now reduced to $1000 (Read the tweet here).
For $10000+ trading volume, check how the trading volume correspond with rewards here.
That’s it for the guide. Ask at OpenLeverage Discord if you have any questions.