Steps to Farm Project 0 Points

1. Obtain SOL tokens: New to the Solana ecosystem? Purchase SOL from exchanges like Binance and transfer it to your Solana wallet, or utilize bridging services like Rhino.fi to move assets from different networks to Solana.
2. Collect Supported Assets: Project 0 accommodates several tokens such as USDC, USDT, BONK, JUP, WIF, WBTC, and WETH. Use Jupiter for token swaps as necessary.
3. Access Project 0: Visit the Project 0 website and connect your Solana wallet.
4. Deposit Assets: Select your desired token, choose the amount you wish to deposit, and confirm the transaction in your wallet.
5. Explore Unified Borrowing: Head over to the “Unified Borrow” section once your assets are supplied.
6. Borrow Tokens: Choose the desired tokens to borrow, specify amounts, and finalize the transaction in your wallet.
7. Engage in Campaigns: Get involved in ongoing growth campaigns like the zenBTC Growth Campaign or JitoSOL Growth Campaign for extra rewards and point boosts.
8. Optimize Positions: For those employing advanced strategies, consider looping JitoSOL/SOL positions to amplify point accrual and tap into campaign-specific benefits.

Maximizing Your Point Accumulation

Engage in Dynamic Campaigns: The zenBTC Growth Campaign invites users to deposit zenBTC, borrow USDC, and earn ROCK rewards over a span of 12 weeks. Meanwhile, the JitoSOL Growth Campaign provides a notable 1.05x point boost on SOL borrows when utilizing looping strategies.

Utilize Enhanced E-Mode Assets: Newly introduced assets such as INF and dfdvSOL present a remarkable 95.5% collateral weight in E-Mode against SOL, making them ideal for efficient borrowing and looping maneuvers.

Keep Positions Active: Sustain your supplied and borrowed assets to continuously generate points. The protocol favors ongoing engagement over one-time transactions.

Capitalize on High Collateral Weight Assets: Leverage assets with substantial collateral weights for maximum borrowing potential and enhanced point accrual from borrowed sums.

Common Inquiries

What About My marginfi Points?

All marginfi points seamlessly transition into Project 0’s updated points system, preserving rewards for prior participants. This transfer boosts your cumulative point tally for potential future advantages.

Which Assets Provide the Optimal Point Multipliers?

The JitoSOL Growth Campaign currently offers a 1.05x points enhancement on SOL borrows during looping endeavors. The zenBTC Growth Campaign also grants ROCK rewards alongside standard points accumulation.

What Are the Campaign Duration Limits?

Duration varies by campaign type. The JitoSOL effort spans 4 weeks, while zenBTC extends for 12 weeks. Keep an eye on @0dotxyz for updates on promotions and initiatives.

Can I Earn Points Without Borrowing?

Absolutely! Users can gain points merely by adding assets to the protocol, even without borrowing. However, borrowing typically yields additional points and grants access to certain campaigns.

What’s the Minimum Entry Amount?

While there’s no strict minimum, users should account for transaction fees and ensure they maintain adequate asset levels to achieve healthy collateralization ratios for borrowing.

Final Thoughts

Project 0 marks a pivotal evolution in DeFi infrastructure by streamlining margin accounts across various Solana platforms. Although no formal airdrop has been officially announced, the robust points ecosystem combined with strong financial foundations indicates promising future token distribution opportunities for active participants.

The platform’s ongoing growth initiatives and substantial total value locked underscore positive adoption trends and user participation. By engaging in lending, borrowing, and participating in campaigns, users not only prepare for potential rewards but also contribute to the advancement of groundbreaking DeFi architecture on Solana.

With more than $250 million in supplied assets and ambitious future plans, Project 0 delivers immediate functionality through its integrated margin services and prospects for long-term returns through its points system. Users should stay updated on official communications and actively engage to optimize their opportunities with this emerging DeFi solution.