Juice Finance ($JUICE) Token Airdrop Guide
JUICE Finance is a cross-margin DeFi application in the Blast ecosystem, offering innovative lending features and configurable leverage to optimize yield and point farming activities. Juice Finance is currently in Season 3 of its rewards campaign. Participants can also earn points and rewards for other potential airdrops like Blast! Introducing the Juice Finance ($JUICE) token airdrop guide.
What is Juice Finance ($JUICE)?
Juice is a lending protocol that allows users to borrow up to 3x collateral for popular DApps in the Blast ecosystem. Key features of Juice Finance include:
- Cross Margin DeFi App: Juice Finance is a DeFi application that provides cross-margin lending on the Layer 2 infrastructure of the Blast ecosystem.
- Innovative lending: Introducing cross-margin lending using Blast’s native rebasing tokens (ETH, WETH, USDB) with a gas refund mechanism.
- Maximum yield: The platform allows users to leverage their collateral up to 3x to earn profits and points in the Blast ecosystem.
- Asset Bridging: Users are encouraged to use the BLAST Bridge to transfer assets within the ecosystem.
Juice Finance aims to optimize user yield and provide opportunities for both lenders and borrowers in the DeFi space.
What is the Juice Finance ($JUICE) token?
Juice Finance has a native token called $JUICE. This token acts as a governance token, allowing holders to participate in protocol decisions and future development. In the future, the Juice DAO may consider incorporating buybacks and burns using a portion of the protocol fees. It may also increase capital efficiency across Juice by providing access to additional leverage, enabling LP staking, and granting early DeFi vault access.
How do I receive the Juice Finance ($JUICE) token airdrop?
necessary time: 50 minutes
A guide on how to receive the Juice Finance ($JUICE) token airdrop.
- Connect to Juice Finance
Connect your wallet to https://app.juice.finance/ Make sure you are on the Blast network. Since Juice Finance has already launched its mainnet, you will need to use real funds to complete any potential airdrops.
- Earn income as a lender
On your dashboard, click “Deposit to earn as a lender”. To earn, lend $USDB or $WETH.
- Earn income as a lender
On your dashboard, click on “Deposit to earn as a lender”. Follow the steps to create a sub-account. Borrow $USDB or $WETH to earn.
- Deposit in the safe
Click on the “Vaults” tab in the top bar. Select a vault and deposit $WETH. Each vault will tell you what rewards you can earn, such as Renzo Points, Eigenlayer Points, Juice Points Blast Points, and/or Blast Gold. So by depositing into a vault, you can also receive other potential airdrops! If necessary, use the functions on the page to wrap or unwrap your $ETH.
Check out our Blast token airdrop guide!
- Fund wallet containing $JUICE
Exchange tokens for $JUICE or purchase them on exchanges like Gate.io or Thruster.
- Stake your $JUICE
Click on “Staking” on the top bar. Deposit $JUICE and $WETH and click on “Provide Liquidity” to get JUICE/WETH LP tokens. Then stake JUICE/WETH and choose the staking period. The longer the staking period, the more points you will receive. Liquidity providers can also earn Juice staking points, Juice points, Blast points (via multipliers), Thruster points and Thruster Blast gold, Hyperlock points and Hyperlock Blast gold.