What is Arcade?
Arcade is a decentralized lending platform that allows users to unlock liquidity by using NFTs as collateral for cryptocurrency loans. Operating on the Ethereum blockchain, Arcade supports a wide range of NFT collections and offers flexible loan terms.
Users can deposit individual NFTs or bundle multiple assets into Smart Vaults, enabling them to secure larger loans and maintain utility of their assets during the loan period. Arcade's protocol facilitates peer-to-peer lending, where borrowers can set desired loan terms and lenders can make offers accordingly.
The platform emphasizes security and transparency, employing audited smart contracts and a non-custodial framework. Arcade also integrates with various DeFi tools, enhancing the overall user experience and providing additional functionalities such as staking and airdrop claims.
With its innovative approach to NFT-backed lending, Arcade offers a versatile solution for NFT holders seeking liquidity without selling their assets.
Arcade Airdrop (Points Program)
Arcade has implemented a points program that tracks user engagement and activity within their NFT lending platform. While the $ARCD token is already available, Arcade continues to distribute tokens through various initiatives, including airdrops to active platform users and specific NFT collection holders. The platform's points leaderboard showcases top participants who may be eligible for future token allocations and rewards.
✅ How to Qualify for the Airdrop:
- Join Arcade: → Referral Link – defishills.com/arcade
- Participate in NFT Lending Activities:
- Borrow cryptocurrency using NFTs as collateral
- Lend cryptocurrency to borrowers through the platform
- Create and utilize Smart Vaults for managing multiple NFT assets
- Complete successful loan transactions
- Accumulate Points Through Platform Engagement:
- Points are awarded for various activities on the platform
- Track your progress on the Points Dashboard
- Higher positions on the leaderboard may increase chances for future distributions
- Hold Eligible NFT Collections:
- Collections like Pudgy Penguins, Lil Pudgys, Sappy Seals, Mad Lads, and others have been included in previous airdrops
- Having these collections in your wallet may qualify you for future distributions
- Engage Across Multiple Blockchains:
- Arcade is expanding beyond Ethereum to Solana and Bitcoin Ordinals
- Diversifying your NFT holdings across these chains could increase eligibility for future airdrops
- Stay Active and Informed:
- Monitor official Arcade announcements for upcoming distribution events
- Regularly check your standing on the points leaderboard
- Complete any special tasks or challenges that might be announced
