What is MortgageFi?
MortgageFi is a cutting-edge, decentralized, and permissionless lending protocol designed for under-collateralized loans, seamlessly integrating traditional mortgage principles with blockchain technology. With MortgageFi, users can access up to 50x leverage on their capital, all without the risk of liquidation during market downturns. The platform eliminates the need for credit ratings and offers an affordable entry point, making it accessible to a broad audience.
The protocol tackles two critical challenges in crypto lending: high collateral demands and liquidation risks. MortgageFi’s innovative economic model fosters a thriving lending ecosystem, empowering borrowers and protecting lenders with advanced risk mitigation strategies.
MortgageFi Airdrop: Earn CAT Tokens
The MortgageFi airdrop will distribute CAT tokens, the native asset of the TeamCAT ecosystem, which includes both MortgageFi and the upcoming CAT Protocol.
Key Airdrop Details:
- Airdrop Date: Mid-January 2025, aligning with the Token Generation Event (TGE).
- Fair Distribution: Equal opportunities for all users, avoiding favoritism towards influencers or high-net-worth participants.
- Points System: Earn points over three months before the token launch, with 110,000 points available for distribution.
- Projected Rewards: Based on an estimated $15M market cap at TGE, providing a clear value target for participants.
How to Earn MortgageFi Airdrop Points
Step-by-Step Guide
- Visit the MortgageFi website.
- Connect your wallet.
- Choose your participation method:
- Liquidity Provision: 100,000 points available.
- Referral Program: 10,000 points available.
For Liquidity Providers:
- Navigate to MortgageFi’s Earn Vaults.
- Deposit stablecoins into available vaults.
- Maintain your position to accumulate daily points.
For Referrals:
- Generate a referral code from the platform.
- Share the code with potential users.
- Earn points when your referrals join the MortgageFi program.
Tracking & Maximizing Points
- Monitor daily point accumulation and your leaderboard position on the platform dashboard.
- Calculate potential rewards based on your performance.
- Maximize points by:
- Depositing early to claim a larger share of the daily 1,000-point allocation.
- Maintaining consistent liquidity for uninterrupted rewards.
- Participating in both liquidity provision and the referral program for higher returns.
Important Information
Points Distribution Schedule
- Daily Allocation: 1,000 points.
- Program Duration: Until January 15, 2025.
- Total Points: 110,000.
- Liquidity Providers: 100,000 points.
- Referral Program: 10,000 points.
Frequently Asked Questions
When is the CAT token airdrop?
- The airdrop is set for mid-January 2025, alongside the TGE.
Who is behind MortgageFi?
- Developed by DeFi veterans, including DrDerivative and Snape, co-founders of Alchemix, a project that reached $1.5B TVL within its first month.
How can I track my points?
- The MortgageFi dashboard provides daily updates on your accumulated points.
Is there a minimum deposit requirement?
- While no strict minimum exists, larger deposits earn proportionally more daily points.
Conclusion
MortgageFi revolutionizes DeFi lending by merging traditional mortgage concepts with blockchain efficiency. The upcoming CAT token airdrop offers an exciting entry into this ecosystem, rewarding participants who contribute to the protocol’s growth.
Prepare for the January 2025 airdrop by joining the points program today. Start earning through liquidity provision, referrals, or both while supporting the MortgageFi community.
Stay Connected!
Follow us on Twitter, Telegram, and Facebook, and subscribe to our newsletter for updates on new airdrops and exclusive announcements.