Bitlayer First Mining Festival Circular Lending High APR Strategy + Bitparty Interactive Tutorial

The core is actually circular lending. The following is a step-by-step operation path

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[Bitlayer Circular Lending Core Idea]

Access link: https://bitlayer.org/mining-gala

1. Deposit BTC/WBTC/stBTC as collateral and borrow a certain proportion of BTC/WBTC/stBTC;

2. Deposit the borrowed BTC/WBTC/stBTC again and borrow assets again, and so on, so as to obtain multiple borrowing points;

You can evaluate the amount of funds in your hands and the cost of borrowing to evaluate the best number of cycles and leverage. After executing the circular loan nesting operation, you still have a certain amount of borrowed BTC/WBTC/stBTC assets in your hands. At this time, you can choose to pledge them to the Pell Network or bitParty protocol to obtain corresponding points and achieve the maximum efficiency of fund use. P.S. Some interest-bearing assets such as aWBTC (Avalon Avalon WBTC) or enzoBTC support re-staking in Pell Network or bitParty protocol. You can participate in re-staking according to your own needs.

The above is a summary of the ideas for large funds, and the specific operations will not be repeated here.

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[Bitparty] $200W Airdrop Guide

Event entrance: https://bitparty.tech/#/

Project introduction: @BitPartyTech is the first "asset gamification community network" in the BTC ecosystem, aiming to promote community governance and value creation through gamification, and change the rules of the traditional token game.

[Operation Guide]

1. Enter: https://bitlayer.bitparty.tech/#/stake

2. Select BitUSD staking pool

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2. Enter the amount you want to stake

3. Click to confirm

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