Marginfi is a Lending Protocol on Solana with TVL - $387.47M

Major funds have invested $3M in the project. Pantera Capital, Multicoin Capital, Solana Ventures are among them.

The team on their Twitter hint at a quick distribution of rewards. And considering that Pantera Capital is among the investors, we recommend not to miss the project. There are few activities, you can fulfil and wait for the retrodrop.

What to do:

• Go to the Site
• In the Lend tab, deposit $USDT (or $USDC) and earn points.
• It is also worth using Borrow and borrow $USDC (or $USDT) against a deposit.
• The operation lend - borrow - lend - borrow can be repeated several times to get more points.

At the moment the rewards are as follows:

Lend - 1 point per $1 per day

Borrow - 4 points for 1$ per day.

If you have free stablecoins, it's a great solution to deposit some here and accelerate your position a bit, with stablecoins it's safe as there is no volatility.

The protocol works in the Solana ecosystem, use Phantom wallet.