About Sentiment Airdrop
Sentiment Airdrop is a liquidity protocol launching on Arbitrum. On Sentiment, borrowers access 5x leverage which can be deployed permissionlessly. Borrowers can use this leverage to long or short tokens or deploy assets into various other DeFi protocols that Sentiment is integrated with. Users can leverage into integrations such as AAVE, Curve, and Sushi, to increase their yield.
Sentiment doesn’t have an own token yet but could launch one in the future. Early users who’ve done transactions on the platform may get an airdrop if they launch an own token.
Basic | Details |
---|---|
Token Name | Sentiment Airdrop |
Platform | Polygon |
Total Value | 3,000,000 KTX + referral rewards |
Support | 24/7 |
KYC | KYC Is Not Requirement |
Whitepaper | Click Here To View |
Max. Participants | Unlimited |
Collect Airdrop | Click Here To Collect Free Airdrop |
How To Join
- Visit the Sentiment website.
- Connect your Arbitrum wallet.
- Now click on “Mint a margin wallet” to create your wallet.
- Go to your account and deposit assets.
- Now click on “Trade” and make swaps.
- Click on “Invest” and lend some tokens.
- Click on “Borrow” and borrow assets and repay.
- Also use their “ETH Wrapper” feature to wrap or unwrap ETH.
- Early users who’ve traded on the platform may get an airdrop if they launch an own token.
- Please note that there is no guarantee that they will do an airdrop and that they will launch their own token. It’s only speculation
Sentiment for Lenders
Sentiment Airdrop Lenders supply liquidity to the protocol which is then lent out to borrowers as undercollaterised debt. The value proposition for Lenders is straightforward – they supply assets to the protocol with the expectation to earn a yield higher than that in incumbent credit markets.
Lenders interact with the protocol by supplying assets and receiving corresponding interest-bearing LTokens in return. These LTokens act as a receipt of deposit and can be burned at a later point in time to redeem the initial principal and accrued interest on the same.
Sentiment for Borrowers
Sentiment Airdrop allows borrowers to create leveraged debt positions against their assets that can be used to interact with other applications across the ecosystem. The value proposition for borrowers is access to undercollateralized lines of credit that help leverage their collateral in a capital-efficient manner.
Borrowers interact with the protocol using an Account. Every Sentiment account is a proxy contract that holds the borrower’s assets while allowing them delegated control to deploy these assets anywhere. The borrower has complete control on how the assets in an account are deployed subject only to Sentiment’s risk measures that help keep the system solvent.
Borrowing
In order for a user to utilize an Account to borrow debt they must deposit collateral asset(s) into it. Sentiment Airdrop allows cross-margining of assets by default which allows the user to deposit multiple collateral types in order to amortize price exposure across multiple assets and to provide increased capital efficiency. Sentiment will aim to allow composite collateral types such as aTokens and yTokens with the aim to introduce exotic collateral types such as ITM option tokens.
Controller
Mitigating counterparty risk at the protocol layer is one of the core problems that Sentiment aims to tackle. At the implementation layer, this translates to the protocol being aware of how the borrowed funds are deployed to decide if the account value is within the acceptable risk thresholds. This functionality is implemented in the form of a Controller.
LToken
Sentiment Airdrop LToken forms the central interface for Sentiment’s lending markets. We deploy a separate Ltoken contracts for each market (underlying asset). Each contract allows users to deposit any (acceptable) asset to Sentiment in return for interest-bearing LTokens. Underlying assets are stored in the in the respective LToken contracts to isolate risk. Each LToken is implemented using the ERC4626 standard.
Risk Engine
Sentiment Airdrop risk engine sits at the heart of the protocol and is responsible for maintaining solvency across two fronts – at the isolated account layer where it ensures that every account is solvent, and at the protocol layer where it ensures that the protocol as whole is solvent with respect to the lenders.