- Visit the marginfi website.
- Connect your Solana wallet.
- You will need some SOL and/or other tokens on Solana. You can buy some SOL on Coinbase. If you don’t have any crypto funds.
- Now go to “lend” and lend and/or borrow tokens.
- Also, use the “stake”, “swap”, and “bridge functions of the platform.
- They’ve introduced a points system where users can earn points for interacting with the platform. For more info, see this Medium article.
- Also, refer users to earn more points. You will receive a referral link only after earning points on the platform, which takes one hour to update.
marginfi is a decentralized lending protocol on Solana that prioritizes risk management to provide a safe and reliable solution for users looking to access leverage and maximize capital efficiency.
The protocol is a fully permissionless suite of smart contracts deployed on a blockchain, paired with real-time risk management and automatic liquidations.
marginfi is composable both downstream and upstream with third-party protocols, allowing users to unify their on-chain portfolios and access a wide range of decentralized finance (DeFi) services.