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Augusta Finance allocated 3%(3,000,000) of their token allotment for community airdrop. Their maximum supply is 100 million They are intending to launch on BASE via Aerodrome. Lets have a look what this project all about and how to get in.
Velodrome Finance and veVELO NFT Rewards:
Velodrome Finance is a decentralized exchange and liquidity hub on Optimism that incentivizes liquidity provision through veVELO NFT rewards.
veVELO holders can earn fees, receive rebase rewards, and participate in governance by locking up their veVELO for two years.
Augusta Finance: Solving Liquidity Issues:
Augusta Finance provides a liquidity solution for veVELO NFT holders in the Velodrome ecosystem.
veVELO holders can collateralize their NFTs to take out ETH loans on Augusta, allowing them to access liquidity without selling their veVELO.
Win-Win Loop for Velodrome Users with Augusta:
Augusta’s collateralized lending allows veVELO NFT holders to gain liquidity while still receiving veVELO rewards and governance rights.
Users can collateralize their veVELO NFTs on Augusta to engage in Velodrome governance and earn rewards.
AUGU token holders also benefit from platform governance and profit allocation from veVELO rewards.
To Join the $AUGU Airdrop
First join 👾 Discord: https://discord.com/invite/augustafi
Complete the task here:
https://zealy.io/c/augustafinancedefi/invite/XFfinz1el0kLjcypPba41
Follow Their Socials for Updates
⛳️ 🌐 Website: https://www.augusta.finance/
🐦 Twitter: https://twitter.com/Augusta_finance
📗 Docs: https://augusta-finance.gitbook.io/augusta-finance/about/introducing-augusta
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