Providing liquidity on Reya Labs for potential airdrop
Reya Network is a modular Layer 2 (L2) network optimized for trading. The team claims users can access deep pools of liquidity, maximize capital utilization, and achieve productivity gains.
The project has raised $16 million in investment from funds such as Coinbase Ventures, Framework Ventures, Fabric Ventures and others.
In the guide, let’s take a look at what interactions with Reya Network will lead to a potential airdrop.
Guide to completing the activities
Note: you will need a Metamask-type wallet to pass. If you don’t have one, you can use our guide to install and set it up.
- Go to the site and connect the wallet. Choose a network and deposit USDC into the pool with the equivalent of $10 or more:
- Open the Leaderbord tab, copy the invitation link and send it to your friends:
Trading on the platform
After the launch of the liquidity program described earlier in the guide, the project team introduced its decentralized futures exchange (DEX). By trading, we can also earn points.
Important: any trading involves risks. Take this into account if you participate in this activity.
- Go to the site and connect your wallet.
- Click Deposit, select a network and enter the desired amount, then confirm the action:
- Choose a pair, customize the trading terminal and open a position on the desired direction:
- Further points are counted every minute for holding an open position.
Note: a $1000 position earns 1 point per minute. Also, a boost from x1 to x100 can be randomly dropped.
Conclusion
Interaction with the project involves providing liquidity in the form of USDC and receiving points for it, for which you can probably get drops. Reya may be of interest to people who own stablecoins and do not plan to buy other tokens in the near future.
Let’s subscribe to the project’s social networks so that we don’t miss important updates.
Highlights:
- depositing liquidity;
- getting points.
If you have any questions when going through the activities, you can ask them in our Telegram chat.
Useful links: Website | X | Discord
All information is provided for informational purposes only and should not be used as a basis for making investment decisions, nor should it be considered as a recommendation or advice to participate in investment transactions. Do Your Own Research.
It will be interesting
