🔴 Davos Protocol Possible Airdrop 🪂 Stable Yield Farming with Less Risk – DEFI #airdrop

 

Today, we cover the Davos Airdrop. This is a Stable Yield Farming Protocol that could launch a possible Airdrop. Davos Protocol Possible Airdrop.

Davos Protocol allows you to earn yield from staked assets without having to risk too much collateral Basically, Davos offers different features that allow users to use assets as collateral and borrow tokens With Davos, you also have access to stable asset staking and yield farming For example, you have currently access to a 29% APR if you stake $DAVOS

Davos Protocol is a multichain protocol with a dual token model:
– $DAVOS: real yield stable asset
– $DGT: governance token

 

Davos Protocol
Step by Step
 

1) Follow them on Twitter

2) Follow the Discord

3) This is in Polygon Mainnet and you will need $MATIC tokens.

4) Connect to the app:

5) - Deposit Matic. After depositing, I will be able to borrow $DAVOS.
- Borrow some $DAVOS. Minimum borrow amount = 50 $DAVOS
(To avoid too big liquidation risks, try to set a borrow limite below 75%, as rec)

6) Stake your $DAVOS.
And then You can now unstake your $DAVOS
In order to be eligible, I would recommend keeping some $DAVOS staked
But if you need your money, you can remove everything
Go to

7) Once you've unstaked, you can repay your loan
• Go to https://davos.xyz/app/loans
• Click on "My debt"
Then proceed repay.
- After that you can Click on the "-" to remove your collateral
You got your $MATIC back

8) If you have your $DAVOS you can provide liquidity.
Go to https://davos.xyz/app/earn
You can provide liquidity in any pool (on Uniswap or QuickSwap)

9) Zealy Quest here: (they said "But of course, more XP points = more rewards. 😉"

 

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Also check my other Airdrop Tutorials of Arbitrum airdrop, Optimism airdrop, Zksync airdrop, Sui airdrop, ditto finance airdrop, starknet airdrop, zeta chain airdrop, aptos airdrop, and more. AshSwap Airdrop Free Confirmed. NFT3 Airdrop Identity Web3 .

Check our ZkSync Airdrop Step by Step here: https://www.cryptocurrencystate.net/airdrop/zksync-airdrop-full-guide/

@Crypto Currency State is a channel with the best Technical Analysis, Coins and Project Reviews, and Cryptocurrency News. I do original videos that you will not see on Youtube. Coins reviews. Market Analysis. Bitcoin. Ethereum. Ripple XRP. Polkadot. Vechain VET. Cardano ADA, Solana SOL, Binance BNB, Terra LUNA, Trading and more.

 

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