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π Tutorial Time! - Yield
#ArbitrumOdyssey Week 2 - Task 1
Complete a set of tasks and get 2 NFTs as a reward.
This week's tasks include @yield and @GMX_IO.
We have until July 4th 12:59pm EST to complete them.
Let's go! βπ
twitter.com/arbitrum/status/1541828821116243978
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Today we'll be going over @yield.
Yield Protocol is a permissionless market for collateralized borrowing and lending.
Complete one of the following tasks to get the NFT:
- Provide liquidity of β₯ $50
- Lend β₯ $50
- Borrow β₯ $100
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Make sure you have at least $50 in $USDC or $DAI on #Arbitrum. Note: you will have lock the $50 until September 30th!
We will be using $USDC to provide liquidity in the pool.
1. Browse over to app.yieldprotocol.com/borrow
2. Click on Connect Wallet and accept the terms.
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3. Pick your wallet of choice. We recommend Metamask.
4. Choose the wallet you want to use and click on Next.
5. Check the permissions and click on Connect.
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6. Click on Pool.
7. Enter the amount of $USDC or $DAI you would like to pool and click Next. Remember, $50 minimum.
8. Review the terms, check the checkbox and click on Pool x USDC.
If you run into any issues please refer to their docs:
bit.ly/3uauGUj
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That's it! You have completed all steps and will be able to claim the @Yield NFT at the end of the week here:
galaxy.eco/arbitrum/campaign/GCaigUt9HD
We'll be walking you through the second task on @GMX_IO tomorrow! Stay tuned.