MarginFi introduces a new era in decentralized finance (DeFi), offering a comprehensive platform for trading, lending, borrowing, and liquidity provision. Built on blockchain technology, it promises transparency, security, and efficiency. Key features include a point farming system for user engagement and potential airdrop opportunities. This guide covers how to farm points, leverage trade operations, and tips for navigating the MarginFi ecosystem successfully.

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Pyth Network has launched the second phase of its token airdrop, targeting 167 dapps utilizing its oracle data with 100 million PYTH tokens, roughly $47 million. The allocation supports various DeFi applications and aims to boost on-chain governance participation. Some dapps have started claiming tokens, pending KYC processes. The first airdrop reached over 51,000 users, distributing 163 million PYTH and expanding to 90,000 wallets with an updated snapshot. PYTH tokens are based on the Solana blockchain, with prices up 45% since the first airdrop phase.

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Unibot Solana, a platform on the Solana blockchain, offers fast and secure transactions for digital asset management via Telegram, including an airdrop rewards program. It features automated trading, low fees, and advanced tools like limit orders and sniper tools. Users can set up wallets, purchase, and sell tokens, as well as engage with the community to qualify for airdrops and maximize their experience with the platform’s extensive functionalities.

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Magic Eden, a Solana-based NFT marketplace, announced introducing a rewards program using “diamonds” to compensate Solana OGs and encourage user engagement. The platform plans to open-source its protocol code and delegate governance to the Non-Fungible DAO. Despite regulatory challenges, Magic Eden released “diamond” rewards in March 2023, but their non-tradable nature has led to some user dissatisfaction. With a broader industry shift towards point systems over tokens, Magic Eden seeks to innovate within regulatory constraints. The specifics of how diamonds relate to potential future tokens remain unclear.

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Trading volumes on Jupiter, a Solana-based exchange, surged to $480 million, driven by a flourishing new memecoin, Wen, and stablecoin transactions. Outperforming Ethereum’s Uniswap by $10 million, much of Jupiter’s activity centered around the Wen memecoin airdrop for early users and the upcoming JUP token launch on January 31. Stablecoin swaps predominantly involved Solana for Tether and USD Coin, contributing to $191 million of the total volume. Upcoming airdrops in the crypto sector, including AltLayer and Dymension, are also generating excitement.

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