It's been a while since I talked about projects building in the @monad ecosystem. One of the solid pjs on monad is @Curvance.
curvance is the next-gen DeFi protocol built for optimized liquidity management. users can lend, borrow, and deploy capital more efficiently across chains.
one of the key features is its native support for liquid staking tokens (LSTs). curvance offers your staked assets more yield opportunities and also power additional defi strategies.
curvance recently introduced new tasks where early contributors can explore the newly built dashboard, e.g., deposit, lend, borrow, repay LSTs. these features show commitment to product maturity and community-building.
if you've interacted with pjs on the Monad ecosystem before now, then you should have some of these LSTs, sMON, shMON, aprMON, gMON in-wallet, but if ya new, then here's how to get started:
▪️ firstly, you can swap MON tokens to these tokens directly on kuru(.)io and connect wallet @kuru_xyz or you can use their separate sites to swap MON and stake some also to accrue points ahead of the mainnet.
for aprMON: stake(.)apr(.)io
for shMON: shmonad(.)xyz
for sMON: kintsu(.)xyz/staking
for gMON: magmastaking(.)xyz
- go to https://t.co/6DhG9GdnQy
- click on the 'explore' tab
- select any of the four available options to get started:
▪️For aPriori Tasks @aPriori
- click on the drop-down icon beside the aPriori tasks
- select 'deposit' tab
- select the 'aprMON and WMON' option
- enter the amount of aprMON you wish to to deposit, alternatively you use the percentage option
- confirm trxn in-wallet
n/b: the aprMON deposited serves as the collaterize assets which will give you access to borrow against.
- select the 'borrow' tab
- select the available pair 'WMON & aprMON' and enter the amount of WMON you wish to borrow
- confirm trxn in-wallet
n/b: a 20 min cooldown will be activated that’ll prevent you from repaying your loan immediately.
- after the cooldown period, select 'dashboard' tab, select 'loans', select the available pair 'WMON & aprMON', select 'Repay', enter the amount of WMON you want to repay and confirm trxn in-wallet.
- that's all for aPriori tasks.
▪️now repeat this same process for the ffg:
- kintsu Tasks @kintsu
- fastLane Tasks @fastlane
- magma Tasks @MagmaStaking
if you find this post helpful, plz gib a retweet and drop a comment for others to see 🤝
GFloppy 💾
GMonad 💜
One of the projects I'm bullish on Monad Testnet is Curvance @Curvance
🔹Curvance is one of the featured Apps on Monad testnet. So ensure you interact 🎯
There are 2 updates on Curvance testnet;
✔️Pump4Gains game: Earn XP when you play.
Link👉 https://t.co/21iROQVHtq
✔️ Monad testnet tasks: you earn 100 bytes when you complete the tasks and give feedback.
Link👉 https://t.co/E8thPz4szL
Let's get started👇
I'm giving away 10 @mon_nads WL
They already announced NFT holders will receive 70% of their total supply when they TGE.
To win:
Drop your Monad wallet addy
Like, RT & Follow @mon_nads
Tag 3 frens
Will pick from the comment section