Claiming the TonUP Airdrop: Get Paid to Borrow Bitcoin

TonUP, in collaboration with Lido, offers a unique airdrop campaign that rewards users with stETH for borrowing Bitcoin. This guide provides a step-by-step process to participate in this innovative program.

TonUP Airdrop: A Guide to Earning stETH for Borrowing Bitcoin

TonUP, a decentralized borrowing platform, has partnered with Lido to launch an airdrop campaign. This program rewards users with stETH for borrowing Bitcoin (BTC) on the TonUP platform. The airdrop is designed to promote the adoption of both TonUP and Lido's liquid staking service.

To participate in this airdrop, users must borrow at least 0.01 BTC on TonUP and maintain the loan for a minimum of seven days. The amount of stETH rewarded will be determined by the user's borrowing activity, with a maximum reward of 0.3 stETH per user.

Here's a step-by-step guide to participate in the TonUP airdrop:

1. Visit the TonUP website and create an account if you don't have one already.

2. Fund your TonUP account with at least 0.01 BTC.

3. On the borrowing page, select BTC as the borrowing asset and specify the desired borrowing amount (minimum 0.01 BTC).

4. Adjust the borrowing term and other parameters as needed and click "Borrow" to complete the transaction.

5. Maintain your BTC loan for a minimum of seven days to qualify for the airdrop.

6. After the airdrop snapshot, you can check your Lido wallet to claim your stETH rewards.

This airdrop campaign from TonUP provides an incentive for users to participate in the decentralized borrowing ecosystem. By borrowing BTC on TonUP and maintaining the loan, users can earn additional stETH rewards, further enhancing their cryptocurrency holdings.