Sake Finance Airdrop
About Sake Finance
Sake Finance is a liquidity protocol built on the Soneium network that combines lending, borrowing, and stablecoin features in a single platform. Its core components include a lending and borrowing system that supports multiple assets and portfolio optimization tools like E-Mode, an overcollateralized stablecoin named SONE backed by yield-bearing tokens from the lending side, and leveraged liquidity strategies (LLS) that automate yield optimization for users across supported assets and positions.
Why we choose Sake Finance?
We picked Sake Finance because it unifies several key DeFi primitives—lending, borrowing, a native overcollateralized stablecoin, and leveraged liquidity strategies—into one integrated ecosystem on Soneium. The design connects SONE’s backing directly to yield-bearing lending positions and introduces a points-based rewards system that tracks user participation. This combination of protocol architecture and incentive structure positions Sake Finance as a potentially important player in Soneium’s growing DeFi landscape.
Sake Finance Airdrop Guide
Airdrop Eligibility
Complete the tasks below in the How To section to maximize airdrop eligibility
How to get Sake Finance Airdrop?
1. Open the Sake Finance Rewards Program page in your browser.
2. Connect your Web3 wallet (e.g., MetaMask) and sign the message to join the rewards program.
3. When prompted, follow @SakeFinance on Twitter and complete the verification step in the rewards interface.
4. Join the official Sake Finance Discord server and follow the instructions there to obtain the Sipper role.
5. Acquire assets (such as ETH or USDC) on a centralized exchange like Binance if you don’t already have them.
6. Use Rhino Bridge or another supported bridge to transfer your assets to the Soneium network.
7. Ensure you have enough native Soneium tokens in your wallet to cover gas fees for subsequent transactions.
8. On the Sake Finance dApp, navigate to the Supply section.
9. Select one of the supported assets (ETH, WETH, ASTR, or USDC.e) and approve it for use in the protocol if required.
10. Deposit the chosen asset as collateral and confirm the transaction in your wallet.
11. After supplying, monitor your health factor on the dashboard to understand your borrowing capacity.
12. If you wish to borrow, go to the Borrow tab, choose an asset (including SONE if available), and input the amount you want to borrow.
13. Confirm the borrowing transaction and ensure your health factor stays safely above 1 to reduce liquidation risk.
14. Keep your positions active, adjust collateral or borrowing as needed, and periodically interact with the protocol to maintain activity.
15. Visit the Sake Finance-related quests page on Layer3.
16. Connect your wallet on Layer3 and complete all listed quests and tasks associated with Sake Finance.
17. Optionally, provide liquidity in partner protocols and continue engaging with Sake Finance’s ecosystem and community to maximize your Sake Points.
18. Return to the Sake Finance Rewards page periodically to track your accumulated Sake Points and ensure your activities are being recorded.
