Thursday, November 21

    MetaStreet

    2 Mins Read

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

    MetaStreet is a yield infrastructure protocol. It structures sources of high yield into a tradable asset. Structuring is enabled through MetaStreet’s v2: The Automatic Tranche Maker (“ATM”), a permissionless lending protocol that automatically organizes capital in a pool based on depositors’ risk and return (rate) profiles.

    MetaStreet has raised $25M in funding from various investors and has launched the ASCEND campaign. Users who sign up and deposit wstETH will start earning XPs. Provide liquidity to the Wrapped Cryptopunks/wstETH pool to earn more XPs. Also, earn more XPs for each referral. They don’t have their own token yet but users who collect XPs may get an airdrop if they launch their won’t token.

    Step-by-Step Guide:

    1. Visit the MetaStreet Ascend campaign page.
    2. Connect your wallet.
    3. Follow them on Twitter and join their Discord channel.
    4. You will need some ETH first. You can get it on Binance.
    5. Now, you will need to convert ETH to wstETH.
    6. wstETH is Lido’s wrapped version of stETH. You can get wstETH by staking ETH on Lido and then using the “Wrap” function to convert stETH to wstETH.
    7. Alternatively, you can swap ETH for wstETH on Uniswap.
    8. Go back to MetaStreet and deposit wstETH.
    9. You will get XPs for depositing.
    10. You will get 1,000 XPs for every wstETH deposited.
    11. Provide liquidity to the Wrapped Cryptopunks/wstETH pool to earn more XPs.
    12. Also, earn more XPs for each referral.
    13. They don’t have their own token yet but are very likely to launch one in the future.
    14. Users who collect XPs will likely get an airdrop if their token goes live.
    15. For more information regarding the ASCEND campaign, read this Medium article.
    READ
    Zircuit

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