MortgageFi Airdrop: Earn CAT Tokens in 2025

MortgageFi Airdrop: Earn CAT Tokens in 2025

By Jakub Lazurek

30 Nov 2024 (16 hours ago)

2 min read

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MortgageFi's upcoming CAT token airdrop in January 2025 offers users a chance to earn rewards through liquidity provision and referrals in a decentralized ecosystem.

MortgageFi is set to redefine decentralized lending with its innovative approach, combining traditional mortgage concepts and blockchain technology. The platform eliminates common challenges in crypto lending, such as high collateral requirements and liquidation risks, offering users leverage up to 50x without the fear of liquidation during market downturns. This fully decentralized and permissionless protocol allows borrowers to access loans without credit rating requirements, ensuring affordable entry points while protecting lenders from liquidity risks.

The upcoming CAT token airdrop, part of the TeamCAT ecosystem, provides an opportunity for participants to engage with MortgageFi. The airdrop is scheduled for mid-January 2025, coinciding with the token generation event (TGE). A total of 110,000 points will be distributed to users who participate in the program through liquidity provision or referrals. The distribution model is designed to ensure fair access, prioritizing community involvement over influencer or large-scale user benefits.

Participants can earn points by depositing stablecoins into MortgageFiā€™s earn vaults or by sharing referral codes. Daily points are distributed, with 1,000 allocated each day. Liquidity providers receive the majority, with 100,000 points, while 10,000 points are reserved for referrals. To maximize rewards, users are encouraged to deposit early and maintain their positions consistently throughout the program. The program runs until January 15, 2025, allowing ample time to accumulate points.

The platform dashboard provides real-time updates on point accumulation, leaderboard standings, and estimated rewards. The projected market cap at TGE is approximately $15 million, offering a clear benchmark for participants to gauge their potential earnings. MortgageFi, developed by experienced DeFi innovators including the co-founders of Alchemix, aims to establish itself as a leader in decentralized lending.

The CAT token airdrop represents a significant step in expanding the MortgageFi ecosystem, offering participants the chance to earn rewards while contributing to the protocol's growth. By leveraging blockchain technology and innovative financial models, MortgageFi creates an inclusive and secure environment for borrowers and lenders alike. For further updates, follow MortgageFi on social media and subscribe to their newsletter.

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