Loading...What is MortgageFi?
MortgageFi is a fully decentralized, permissionless, under-collateralized lending protocol that combines traditional mortgage concepts with blockchain technology. The platform allows users to access leverage up to 50x their capital without liquidation risks during market downturns. MortgageFi operates without credit rating requirements while maintaining affordable entry points for users.
The protocol addresses two common challenges in crypto lending: high collateral requirements and liquidation risks. Through its economic model, MortgageFi creates a lending ecosystem where both borrowers and lenders can participate, with lenders benefiting from enhanced protection against common liquidity provision risks.
MortgageFi Airdrop Details
The MortgageFi airdrop will distribute CAT tokens, the native token of the TeamCAT ecosystem, which includes both MortgageFi and the upcoming CAT Protocol.
The airdrop is scheduled for mid-January 2025, coinciding with the token generation event (TGE). The distribution model aims to provide equal participation opportunities for all users, rather than favoring influencers or large-scale users.
The points accumulation program runs for approximately three months until the token launch, with a total of 110,000 points available for distribution. The projected value is based on an estimated $15M market cap at TGE, providing participants with a clear target for their potential rewards.
How to Earn MortgageFi Airdrop Points
- Visit the MortgageFi website.
- Connect your wallet.
- Choose your participation method:
- Liquidity provision (100,000 total points available)
- Referral program (10,000 total points available)
- For liquidity providers:
- Head to MortgageFi’s earn vaults
- Deposit stablecoins into available vaults
- Maintain your position to earn daily points
- For Referrals:
- Obtain your referral code
- Share with potential users
- Earn points when referred users join the Mortgage program
- Track your points:
- Monitor your daily point accumulation
- Review your position in the points leaderboard
- Calculate your projected rewards based on participation
Maximizing Your Points
- Deposit early to maximize your share of the daily 1,000 point allocation
- Maintain consistent liquidity to ensure continuous point accumulation
- Consider participating in both programs (liquidity provision and referrals)
- Monitor your points accumulation through the platform’s dashboard
Important Information
Points Distribution Schedule
- Daily allocation: 1,000 points
- Program duration: Until January 15, 2025
- Total points: 110,000
- Distribution:
- Liquidity providers: 100,000 points
- Referral program: 10,000 points
Frequently Asked Questions
When is the CAT token airdrop?
The airdrop is scheduled for mid-January 2025, coinciding with the token generation event.
Who is behind MortgageFi?
MortgageFi was developed by experienced DeFi developers, including DrDerivative and Snape, co-founders of Alchemix, which reached $1.5B TVL within its first month.
How can I verify my points accumulation?
Points accumulation can be tracked through the MortgageFi platform dashboard, updated daily.
Is there a minimum deposit requirement?
While there’s no strict minimum, larger deposits will earn proportionally more points from the daily allocation.
Conclusion
MortgageFi introduces a new approach to DeFi lending, and its upcoming CAT token airdrop provides an opportunity to participate in this ecosystem.
Users can prepare for the January 2025 airdrop by joining the points program through liquidity provision or referrals, while contributing to the protocol’s growth and earning native yields.
Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unlimited
