Thursday, November 21

    Goldlink

    2 Mins Read

    • Total value: n/a
    • ❌ Airdrop unconfirmed
    • Platform: arbitrum

    GoldLink Protocol is an institutional-grade on-chain prime brokerage that facilitates trustless, undercollateralized lending. The protocol aims to allow borrowers to execute a wide range of on-chain high-yield trading strategies while maximizing capital efficiency through leverage provided through individual strategy lending pools.

    Goldlink has raised $1.4 million in a pre-seed round led by Polychain Capital. They are now running a yield program where users can deposit into the GMX funding rate arbitrage strategy to earn yields.

    They have also hinted that they might release a token in the future. In such a case, those who participate in this program could potentially become eligible for the airdrop if they plan to launch one.

    Step-by-Step Guide:

    1. Visit the Goldlink yield program page.
    2. Connect your wallet.
    3. Ensure to have GMX token in your wallet. If you don’t have any, get them on Binance.
    4. Now deposit into their GMX funding rate farming strategy.
    5. You will receive free yield every week.
    6. Goldlink will distribute 75,000 ARB tokens to the lenders.
    7. The rewards will be distributed weekly, and users will be able to claim their ARB rewards.
    8. Rewards will be distributed based on the share of total deposits a lending position represents over the course of the week.
    9. The program will continue until the full 75,000 ARB have been distributed.
    10. They have hinted in their doc about an audit and bug bounty program which could be launched soon.
    11. Goldlink has also announced that additional strategies to earn yields will be added, with a potential token launch in the future.
    12. In such a case, those who participate in this program could potentially become eligible for the airdrop if they plan to launch one.
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