Juice Finance Airdrop Campaign Details

JUICE Finance is a permissionless lending protocol that claims to allow lenders to access up to three times the leverage on their collateral.
Technically, the protocol serves as a disruptive cross-margin DeFi app built on the Blast ecosystem’s Layer 2 infrastructure that offers cross-margin lending capabilities.
JUICE developers also shared that the protocol is designed to help users accumulate more crypto points and be qualified for more airdrop campaigns within the Blast ecosystem.

Lending is another blockchain use case in the finance industry. In decentralized lending protocols, lenders can lend their crypto so others can borrow it and use it for trading. In return, lenders can earn interest.

Why is blockchain technology a game-changer for lending activities? Because blockchain eliminates the need for a middleman or entity that adds friction to the transaction—with higher fees and a slower process.

Through decentralized protocols, lenders can lend their money without “personal verification,” while borrowers can borrow immediately without paying too many fees.

A Blast-based lending protocol ‌recently established its name; its testnet campaign has been completed, and its mainnet is now live.

JUICE Finance Introduction

Photo for the Article - Lending Protocol JUICE Finance Starts Airdrop Campaign for Lenders, Borrowers

JUICE Finance (https://www.juice.finance/) is a permissionless lending protocol that claims to allow lenders to access up to three times the leverage on their collateral that can be used on dapps built on top of the Blast ecosystem.

Technically, the protocol serves as a disruptive cross-margin decentralized finance (DeFi) application built on the Blast ecosystem’s Layer 2 infrastructure that offers cross-margin lending capabilities and uses Blast’s native rebasing tokens, like native ETH, WETH, and USDB.

“At JUICE Finance, our core vision is to serve as the premier destination for users looking to optimize their yield and point farming on Blast. Whether you’re a lender seeking passive APY opportunities or a borrower aiming to capitalize on DeFi protocols yields, rewards, and points,” the developers shared.

JUICE Finance has three key features:

Lending: Lenders can earn passive APY by providing either USDB or WETH liquidity, with a promise of no impermanent loss, and no need for active management. (https://app.juice.finance/lend)
Borrowing: Borrowers can access up to three times leverage by collateralizing WETH or an LRT. Once deposited, borrowers may borrow again their deposited collateral and use the borrowed funds to deposit into integrated DeFi vaults to earn yields, rewards, and points. (https://app.juice.finance/borrow)
Farming Vaults: Borrowers who deposit their borrowed USDB or WETH into JUICE Vaults that integrate with DeFi protocols like Thruster, Hyperlock, Wasabi, and Particle can deliver yields.

JUICE Finance Involvement in Airdrop Campaigns

But JUICE Finance is not just about lending—its developers shared that the protocol is also designed to help users accumulate more crypto points and be qualified for more airdrop campaigns within the Blast ecosystem.

In fact, on its “About” page, JUICE wrote that those who lend can earn gas rebates, be qualified for its developer airdrop, and join ongoing airdrops like the Bigbang airdrop. While for borrowers, gas rebates, qualifying for developer airdrop, join ongoing airdrops, and protocol points can be earned.

The team also assured JUICE users that they could earn Blast points by using the protocol’s key features.

Read: Blast Airdrop and Ecosystem Guide – How to Participate