Napier Finance｜Yield Trading Hub, a Curve Finance Extension

Duration

In Progress

Task

Supported Chains

Project Details

Born from a hackathon, Napier Finance is a project that provides a liquidity hub for yield trading, expanding upon Curve Finance. Using this protocol, users can split yield-bearing tokens such as aDAI and rETH into Principal Tokens (PT) and Yield Tokens (YT). Furthermore, the company's Napier AMM allows trading of these tokens and the original yield-bearing tokens.

Napier Labs, led by Japanese, raises approximately 150 million yen in pre-seed round | Curve founders invest

Fundraising Status

Napier Labs raised $1 million in its Pre-seed round from investors including Michael Egorov, founder of Curve Finance, and Charlie, co-founder of DefiLlama.

Airdrop Information

Starting April 10th, the Llama Race program allows users to earn Napier Points. Various activities, including connecting a wallet and engaging on Twitter, will earn points. During the Llama Race, users can earn additional Napier Points by sharing referral links and posting on Twitter.

Points can be earned as follows:

Wallet connection…5 Napier Points
X (formerly Twitter) connection and follow…5 Napier Points
Reposting Napier's posts…200 Napier Points
Referral reward…100 Napier Points for both referrer and invitee

Referrers receive 1,000 Napier Points for invitees who deposit 2 ETH or more.

In addition, users who vote for the project that receives the most votes will receive a boost that multiplies their Napier Points up to 5 times at the end of the Llama Race. This means you need to promote the project you voted for to gather as many votes as possible.

Airdrop Details

Airdrop Procedure

Summary of Steps

Go to the official website and connect your wallet.
Go to the Llama Quest page.
Launch Llama Quest.
Connect your X account to earn points.
Share Napier's posts to earn points.
Refer Llama Race to earn additional points.

Detailed Procedure with Images

Go to the official website and connect your wallet.
Go to the Llama Quests page.
Launch Llama Quest.
Connect your X account to earn points.
Share Napier's posts to earn points.
Refer Llama Race to earn additional points.

Disclaimer

・This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
・The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
・We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.

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