Airdrops

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Mendi LP

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Mendi LP

MLP & MLP-L: May 15, 2024-Nov 15, 2024

Deposit

Points

Verified

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Quick info

Current TVL

Networks

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Networks

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Linea

Funds raised

Undisclosed

Strategies

Pros

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Engage in various point campaigns;

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Successfully audited by ScaleBit;

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Prominent partners (e.g. Renzo);

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Reliable fork of Compound v2.

Cons

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Necessity to transfer assets to Linea.

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No external investors;

About Campaign

What Is Mendi?

Mendi is a lending protocol on Linea forked from Compound v2. The project accepts stables, wETH, wBTC, wstETH and LRT. Check out our detailed overview of the protocol here. Do not hesitate, we have added there one bonus investment strategy!

How to Get the Airdrop?

Mendi has two types of points: MLP and MLP-L, distributed as non-monetary tokens. MLP accounts for 83.4% of the total supply and is awarded for borrowing assets and $MENDI staking. MLP-L, comprising 16.6%, is accrued for providing liquidity. Mendi points will be used for reward distribution in the future.

Last updated on 10.06.2024

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