Description: In this video, discover how to use Malda XYZ (previously Mendi Finance) to supply, borrow, and repay funds in a multi-chain environment. We'll also explore testnet faucets, bridging, and ...
Description: In this video, discover how to use Malda XYZ (previously Mendi Finance) to supply, borrow, and repay funds in a multi-chain environment. We'll also explore testnet faucets, bridging, and collateralizing assets using zero-knowledge technology. Whether you're an airdrop hunter or a DeFi enthusiast, these steps can help you secure potential boosts and NFT rewards.
Key links to start farming:
- Malda XYZ Faucet: https://docs.malda.xyz/malda-guides/testnet-faucets
- Malda XYZ: https://testnet.malda.xyz
- Malda Galxe: https://app.galxe.com/quest/malda/GCHzKt1LFP
- Nova Airdrop Signup (make 1 trade): https://t.me/TradeonNovaBot?start=r-QJJWL2
- Eth Faucet: https://cloud.google.com/application/web3/faucet
AI Analysis:
• Estimated Time to Complete: 10-15 minutes
• Key Steps: Acquire testnet tokens, supply & borrow, add collateral, repay to finalize
• Galaxy Quests: Additional tasks to boost eligibility for potential future airdrops
Step-by-Step Instructions:
https://airdroplet.com/airdrop/malda-xyz-airdrop/
*Key Links*
🚨 Airdrop Spreadsheet: https://boxmining.org/spreadsheet
Trade Memecoins with BullX: https://t.me/BullxBetaBot?start=access_GFZL7XMA6NK
Trading Bot Tool (Best so far): https://gmgn.ai/?ref=BEmoIP3e&chain=sol
*Offers*
Bybit Sign-up (Join our weekly giveaways!): https://partner.bybit.com/b/ronboxmining
BingX Sign-up Bonus: https://bingx.com/invite/QP0XYB
Join our Discord: https://discord.gg/UgJd5JPx3Z
Subscribe to our main channel: https://www.youtube.com/@Boxmining
⚜️ Follow the team on X:
Martin: https://x.com/boxminingmartin
Ron: https://x.com/ronboxmining
Michael: https://x.com/boxmining
All opinions are personal opinions and NOT FINANCIAL advice
Timestamps:
00:00 Intro and Market Overview
00:21 Malda XYZ Overview
00:55 Testnet Faucets
01:32 Borrowing & Collateral Steps
02:17 Repay & Galaxy Tasks
Transcript
What's going on everyone? Welcome to Alpha Drop. My name is Martin. Guys I know the market is down. I know how you're feeling. We're on this boat together, okay? For the meantime, let's just farm some airdrops. I'm gonna take you step by step on how you can do them. So like this video, subscribe to the channel if you love farming airdrops. And without further ado, let's just get started. So make sure you're following me on X if you want some more. We've grown like crazy ever since we've been ac...
What's going on everyone? Welcome to Alpha Drop. My name is Martin. Guys I know the market is down. I know how you're feeling. We're on this boat together, okay? For the meantime, let's just farm some airdrops. I'm gonna take you step by step on how you can do them. So like this video, subscribe to the channel if you love farming airdrops. And without further ado, let's just get started. So make sure you're following me on X if you want some more. We've grown like crazy ever since we've been active together. So make sure you follow me on X, have notification bells on and click on my link tree. You might see something special. MALDA XYZ. Previously, Mendy Finance. So MALDA Awakening Public Testnet is now live, co-hosted by Risk Zero. Try unified lending, collect NFTs, and earn boosted rewards. Guys, this one's gonna be huge. Let's go ahead and start farming this project together. All right, now that we're in the website, link down below. All we have to do is connect our wallet. I'm gonna be using MetaMask. As you can see, this is a testnet environment. Assets and transactions are not real. MALDA has raised $52 million, by the way. Now after you connected your wallet, let's go ahead to the testnet faucets, link down below, so we can claim our Linea Sepolia, Ethereum Sepolia, and Optimism Sepolia. Just click on the button. You should see a pop-up on your screen and just confirm the transaction. It could take around 30 seconds. If you're having problems, you can always refer to these FAQs. All right, guys, now that you got your testnet tokens ready, head over back over here and click on supply. What you then want to do is enter the amount of USDC that you want to supply. I'm just gonna do 200 and I'm gonna do an even amount. So 100 over here and another 100 over here. And then we're just gonna approve and supply the transaction. All right, now that the approval is successful, what you then have to do is go ahead and add some collateral. Just click on collateral, click enable over here, and then approve it in your wallet. Nextly, click on borrow, enter the amount of tokens you'd like to borrow, select a destination chain, click borrow, approve in wallet, borrow in all available networks, and repeat the process with WSTETH. Lastly is to repay and withdraw. So click on repay, repay a small amount of your debt, repay in all available networks, click approve and repay, approve in the wallet, repeat the process with WSTETH, withdraw USDC to any chain, and then withdraw WSTETH to any chain. And then last but not least, link down below, we have some Galaxy tasks to do to finish off. All right, if you're done, if you finished all the tasks that we just did earlier, you should be able to complete this with no problem. And then lastly, these two tasks right here. All right, so that is MALDA XYZ, co-hosted by Risk Zero. All right, I hope you found this video helpful. I hope you enjoyed this video guys. If you did, give this video a like, make sure you subscribe to the channel. Shout out to the Alpha Army, we're building a cabal over here. Check these two videos out if you want to watch some more crypto content. I hope you guys have a profitable rest of your day. My name is Marden. Peace.