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Binance Sign Up Promotion

Limitless

Limitless is the first oracle-free leverage trading protocol that enables liquidation-free leverage for every token. Audited by ABDK and Offside Labs, with a third audit underway. The project will open source its code after the third audit is complete.

As part of the launch of Limitless on Arbitrum mainnet, a 4 week incentivization campaign is being hosted to reward users of the protocol. The top 2,000 users will be rewarded based on LMT points earned, while the top 500 users can also earn ARB from the tokens awarded to Limitless via the Long Term Incentives Pilot Program.

Participants of this campaign can earn LESS tokens, which is one of Limitless’ preliminary tokens that will be released ahead of the LIMIT token launch. LESS can only be earned during the 4-week incentivization campaign and will be fully released in September. A total of 680 million LESS tokens will be distributed to the 2,000 top users. LESS, NZT and LMT points will be important in earning LIMIT.

Step-by-Step Guide:
  1. Visit Limitless and connect your wallet.
  2. You will need some ETH to cover gas fees and WETH/ARB to open positions. You can get these tokens from Binance.
  3. If you don’t have any funds on the Arbitrum network, use Rhino.fi to bridge some ETH over. Connect your ETH wallet and sign two messages (no gas fees).
  4. Go to the Trade page and begin trading Limitless’ leveraged tokens.
  5. Provide liquidity via the Earn page.
  6. Beginners are recommended to buy limWETH to earn yield from Limitless pools without active management.
  7. More experienced users can use the advanced mode to provide liquidity. Note that the advanced mode will require active management and entails more risk.
  8. Go to the Referral page and create a unique invite link. Invite friends to earn 20% of the LMT earned by invited users.
  9. Activity on partner protocols will also be rewarded.
  10. LMT points are updated on a daily basis.
  11. Users are tiered into various tiers based on their ranking.
  12. For more information about the campaign, check out this official announcement.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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