{"id":14572,"date":"2024-06-26T14:38:18","date_gmt":"2024-06-26T14:38:18","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=14572"},"modified":"2024-06-26T14:38:18","modified_gmt":"2024-06-26T14:38:18","slug":"guide-and-evaluation-of-the-summer-fi-airdrop","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/guide-and-evaluation-of-the-summer-fi-airdrop\/","title":{"rendered":"Guide and Evaluation of the Summer.fi Airdrop"},"content":{"rendered":"\n
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Summer.fi is a decentralized finance (DeFi) platform that offers services for lending, borrowing, and increasing various crypto assets like ETH, WBTC, DAI, and USDC. It implements top-notch automation tools for safety and convenience, providing features such as protection against liquidation, position management, and rewarding users with $RAYS for engagement in the platform.<\/p>\n

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Summer.fi has introduced a points system for its users, with the eligibility determined based on a snapshot taken on June 18, 2024. Follow the steps below to learn how you can earn free RAYS.<\/p>\n

\n\t\tStep-by-Step Instructions:<\/strong><\/p>\n
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  1. Visit the Summer.fi website.<\/li>\n
  2. Connect your wallet.<\/li>\n
  3. Click on claim RAYS to check your eligibility and claim them.<\/li>\n
  4. A snapshot was taken on June 18, 2024, to identify eligible users.<\/li>\n
  5. Non-Summer users eligible for RAYS need to open a $500 position and maintain it for over 14 days by September 20, 2024.<\/li>\n
  6. Wallet owners with at least 0.2 ETH on Mainnet, Arbitrum, Optimism, or Base receive 100 $RAYS.<\/li>\n
  7. DeFi users get 200 $RAYS per protocol for having an active position on a supported protocol and network.<\/li>\n
  8. Summer.fi users earn 500 $RAYS per protocol they engaged with since June 2021.<\/li>\n
  9. Earn RAYS by using supported protocols for Borrowing, Earning, or Multiplying.<\/li>\n
  10. Opening any Borrow, Multiply, or Earn position allows you to earn $RAYS.<\/li>\n
  11. $RAYS are accrued per $ managed per second, with a base rate of around 690 $RAYS per $10k per year.<\/li>\n
  12. Positions below $10k will earn less than 690 $RAYS annually per $10k.<\/li>\n
  13. Invite friends to earn free RAYS as well.<\/li>\n
  14. Visit their official airdrop announcement for more details on earning RAYS.<\/li>\n<\/ol><\/div>\n

    If you’re interested in potential retroactive airdrops for projects without tokens yet, ensuring you don’t miss out on future DeFi airdrops, check our list!<\/p>\n

    Make sure to follow us on Twitter<\/a>, Telegram<\/a>, and Facebook, also subscribe to our newsletter for updates on new airdrops!<\/p>\n<\/div>\n

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    Summary<\/h2>\n
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    • Website: https:\/\/summer.fi\/<\/li>\n
    • Ticker: RAYS<\/li>\n
    • Twitter: Follow link for Twitter<\/li>\n
    • Discord Chat: Link to Discord chat<\/li>\n
    • Blog: Link to Blog post<\/li>\n
    • Github Repository: Link to Github Repository<\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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