JUICE Finance is a fully leveraged DeFi application on the Blast ecosystem, providing innovative lending features and combinable leverage to optimize returns and points mining activities. Juice Finance is currently in the third season of its bonus campaign. Participants can also earn points and rewards through other potential airdrops such as Blast! Here is our guide to the Juice Finance ($JUICE) token airdrop.
What is Juice Finance ($JUICE)?
Juice is a lending protocol that allows users to borrow up to 3x collateral for popular DApps in the Blast ecosystem. Here are the main features of Juice Finance:
- Full DeFi Application: Juice Finance is a DeFi application that offers cross-margin lending on the Blast ecosystem’s Layer 2 infrastructure.
- innovative loan: It introduces cross-margin lending using Blast’s native rebased tokens (ETH, WETH, USDB) and Gas refund mechanism.
- Maximize production: The platform enables users to leverage their collateral up to 3x in the Blast ecosystem for yield and point farming.
- Asset bridging: It is recommended that users use the BLAST bridge to transfer assets within the ecosystem.
Juice Finance aims to optimize users’ liquidity mining and provide opportunities for lenders and borrowers in the DeFi field.
What is the Juice Finance ($JUICE) token?
Juice Finance has a native token called $JUICE. It serves as a governance token, allowing holders to participate in protocol decisions and future development. In the future, Juice DAO will have the ability to consider using part of the protocol fees for buyback and destruction. In addition, they can also improve the capital efficiency of the entire Juice by providing additional leverage, supporting LP pledges, and granting early access to DeFi vaults.
How to get the Juice Finance ($JUICE) token airdrop?
Time required: 50 minutes
Here is a guide on how to get a potential token airdrop of Juice Finance ($JUICE).
- Connect Juice Finance
Connect your wallet to https://app.juice.finance/. Make sure you are on the Blast network. Note that Juice Finance has already launched its mainnet, so completing potential airdrop missions will involve using real funds.
- Earn money as a lender
On the dashboard, click Deposit to Earn as a Lender. Lend $USDB or $WETH and earn income.
- Earn as a borrower
On the dashboard, click Deposit as a Borrower to earn income. Follow the steps to create a sub-account. Lend $USDB or $WETH and earn income.
- deposit into treasury
Click the “Vault” tab on the top bar. Choose a vault and deposit $WETH. Each vault will state what rewards you will receive, which are Renzo Points, Eigenlayer Points, Juice Points, Blast Points and/or Blast Gold. Therefore, by depositing into the vault, you can prepare for other potential airdrops as well! If desired, please use the functions on the page to wrap or unwrap your $ETH.
Check out our Blast Token Airdrop Guide!
- A wallet with $JUICE in it
Exchange the tokens for $JUICE or buy them from exchanges like Gate.io or Thruster.
- Stake $JUICE
Click “Stake” on the top bar. Deposit $JUICE and $WETH and click “Provide Liquidity” to earn JUICE/WETH LP tokens. Then, stake your JUICE/WETH and choose the staking duration. You will get points multiplied for longer staking duration. Liquidity providers are also eligible to earn Juice Stake Points, Juice Points, Blast Points (via multiplier), Thruster Points and Thruster Blast Gold, Hyperlock Points and Hyperlock Blast Gold.