A novel leverage protocol enabling margin trading of up to 20X leverage and empowering DEXs with new functionality, liquidity, and higher volumes.
Marginly is a smart contract-based margin trading & derivatives application that allows users to take up to 20x leveraged long and short positions on crypto-assets across different DEXes and AMMs such as Uniswap, SushiSwap, Curve, Balancer, and others.
Marginly has recently collaborated with Pendle to offer 10x leverage on yield-bearing assets, boosted APYs, and Sparks (points). Marginly is currently running a points campaign where users can earn free Sparks for depositing in Marginly pools. The team has confirmed that each spark makes you eligible for the future airdrop.
Step-by-Step Guide:
- Visit the Marginly website.
- Connect your wallet.
- Now deposit assets in their Marginly pools.
- You can deposit WETH, USDC or USDT in their pools. If you don’t have any of these tokens, you can get them on Gate.
- You will receive sparks for each deposited asset.
- The team has confirmed that each spark makes you eligible for the future airdrop.
- You can also invite your friends and earn 10% of Sparks from your referrals and 5% from their referrals.
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