The Texture P2P Lending protocol on Solana allows users to borrow and lend tokens directly to each other, using tokens as collateral for a fixed 7-day period. The protocol stands out by not relying on oracles, giving lenders the freedom to decide on their risk level and manage their positions.
Texture has secured $5M in funding from backers like Wintermute and P2P Validator and has initiated a points campaign. Users participating in token lending or borrowing activities can earn points known as PXLS. Additionally, users receive 10% of the points from each referral. While the platform doesn’t have its token yet, users accumulating points may receive an airdrop once the token is live.
- Access the Texture dashboard.
- Connect your Solana wallet.
- Ensure you have SOL and/or other Solana tokens in your possession. You can acquire them from Binance.
- Proceed to “Lend” to lend tokens.
- Similarly, go to “Borrow” to borrow tokens.
- By participating in lending or borrowing on Texture, users will accumulate PXLS points.
- Receive 10% of the points from each referral.
- Though the platform doesn’t have its token yet, a future launch is highly probable.
- Users who amass PXLS points may receive an airdrop when the token launches.
If you are interested in projects without a token that may airdrop a governance token to early users in the future, explore our list of potential retroactive airdrops to stay informed about upcoming DeFi airdrops!
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An Overview of Texture
- Website: https://texture.finance/
- Ticker: N/A
- Documentation: Visit now
- Twitter:
- Discord Chat:
