Lulo Airdrop Guide (formerly Flexlend)

flexlend-airdrop-guide

Lulo (formerly Flexlend) operates as a decentralized app on Solana, offering users the ability to earn higher interest rates on cryptocurrencies like USDC, USDT, and SOL. The platform achieves this by dynamically allocating assets across different DApps such as Kamino and Drift to capture the highest available yield. While no points system is live yet, Lulo is very under utilized and has the potential for one. You can also earn points on all the above mentioned platforms too.

How to Join Lulo Airdrop:

  1. .

    Go to Lulo’s website and connect your wallet.

  2. .

    Make a Deposit

    • Choose a cryptocurrency to deposit, such as USDC, USDT, or SOL.
    • Enter the amount you wish to deposit (minimum of $100 to cover transaction costs across DApps).
    • The platform will automatically allocate your funds to the DApp offering the highest return at the moment of your transaction.

     

  3. .

    Setting Preferences

    • You can customize which DApps to include or exclude in your investment strategy. This can be done in the portfolio settings.
    • Set return conditions, such as automatically reallocating your funds if the yield drops below a certain percentage (e.g., 5%).
  4. .

    Monitoring and Adjustments

    The platform allows for continuous monitoring and adjustment of your deposits to maximize returns. You can adjust settings to redirect funds to different DApps based on changes in yield or to withdraw funds back into your wallet if desired. You can add Lulo to the airdrop tracker to custom updates when to check this and record your points.

  5. Need some help? simply watch the step-by-step video below or join our discord.

Additional Information

Lulo’s system is designed to be user-friendly, even for those new to DeFi. The platform does not take any fees from the yields, ensuring that users benefit fully from their investments. Furthermore, Lulo is focused on user growth and improving platform features continuously.

Lulo is also great for earning points and qualifying for the DRIFT or Kamino airdrop while also earning around 8% APY! This is a great place to park some spare Solana and is great to use along with Sanctum which recently won the Jupiter LFG launchpad.

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