Inertia: The DeFi Revolution Unleashed!! Airdrop alert 🎯Built on Initia #crypto #airdrop
Jimbo's Crypto Land
about 1 month ago
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Executive Summary
Inertia: The DeFi Revolution Unleashed!
- Core Functionality: A modular Layer 1 blockchain designed for DeFi ecosystems, featuring liquid restaking and modular lending.
- Recent Updates: Inertia, the first liquid restaking token (LRT) and modular lending platform built on Initia, is now live.
- Reason to Farm: Combines staking rewards with liquidity, allowing users to trade, lend, or borrow against their staked assets while earning yields.
- Participation: Follow these steps:
- Claim Faucet: Use MetaMask (EVM only) to claim daily Initia tokens.
- Swap to INRT: Accumulate INRT tokens for future staking (no rewards for swapping).
- Liquid Staking: Stake INIT tokens to earn rewards (claimable daily).
- Bridge to Inertia: Move INIT tokens to the Inertia layer for lending.
- Borrow/Lend: Deposit or borrow assets on the Inertia platform to earn additional rewards.
- Galxe Campaign: Complete social tasks on Galxe for potential airdrop rewards (limited time).
Why This Matters
Inertia is a game-changer for DeFi enthusiasts, offering a seamless way to maximize yields through liquid restaking and modular lending. The project is still in its early stages, making it a prime opportunity for airdrop hunters to get in early. The Galxe campaign adds an extra layer of potential rewards, so act fast!
Key Insights
- Liquid Restaking Tokens (LRTs): A hot trend in DeFi, allowing users to unlock liquidity from staked assets.
- Modular Lending: Flexible borrowing and lending within the same ecosystem.
- No Financial Risk: The current phase involves testnet activities, requiring no real investment.
Actionable Tips
- Focus on daily staking rewards and the Galxe campaign for maximum airdrop potential.
- Stay updated on Inertia’s roadmap for future expansions, including native asset integrations.
Transcript
Transcript
Hey what's up my crypto legends today I got something super cool to share with you something that's shaking up the crypto and defy space imagine a project combining liquid restaking and modular lending and at the same time next level blockchain deck sounds great right well that's exactly what inertia is bringing to the table this is inicia's first lrt and modular lending platform as you can see here this is the liquid restaking and this is the modular lending platform remember inicia with jenny yep that's it so now let's break that down inertia is built on inicia which is a slick layer one blockchain design for modular ecosystem come on you will defy og if you're watching this channel lrt stands out for liquid restaking tokens which is a hot trend run now first eigenlir started this trend for ethereum and then more projects follow this trend and that's a way that you take your stake assets make them liquid and then you can use this liquid stake derivatives elsewhere while earning your staking rewards add this modular lending to the mix and you've got a system a whole ecosystem where users can stake lend borrow and earn yields in an efficient and flexible way all in the same ecosystem let's now make an example to fully understand this process picture this you got some crypto stake on initia earning the staking rewards like all the other protocols now inertia turns them into liquid restaking tokens where you can trade lend or use them in any other way you like in the defy meanwhile here the borrow lending modular approach side lets you borrow against your assets or lend them to others and earning yields and you can maximize your rewards in a great way right now we're over here in the pre-tg and leverage borrowing and we're waiting for their expansion of liquid restake tokens and native assets this will be very big guys so let's go all the links here for today's video you can find them the first link of the description if you click on that link you will be redirected on my website here you can also go to subscriptions and access our discord team guys the defy hub where you can learn everything even if you're a beginner we have step-by-step tutorials a lot of videos for you to start your journey in web3 this is just entertainment i'm not a financial advisor i'm just a guy on the internet so let's begin for step number one we need to claim the faucet guys evm only this is very important so here once you connect no cosmos ecosystem no initia wallet already now you cannot do it with initia wallet because if you watch my airdrop updates 119 i told you guys to migrate your initia wallet to the evm initia wallet is over so here you need to connect with metamask and claim your daily initia faucet right time to swap some to inrt for step number two our goal is to accumulate as many as inrt as we can but this does not count for points we're only doing this swap to have some inrt for future steps on the staking our goal is to earn inrt i will show you in the next steps but this is just for the next steps no rewards for swapping to inrt let me be clear about this let's explore now everything about liquid staking on step number three here we are three options the n init the s init and the init with inertia that's why we swap on the previous step as you can see i've completed all three of them so let's see this s init you just take your init and you get back your s init same goes for n init here you stake your init and you get back the n init now this is the most important that gives you reward as you can see this is the reward that you need and you claim them daily so once you start staking here you can claim your daily rewards exactly just like i did so let's go here click on this farm and now you need to stake some n init and some inrtia so for example here let's click two and two for inrtia that's why you need to have inertia tokens leave this on and now you click on this box and you can submit your staking by doing this you will be able to claim your rewards on a daily basis so that's the most important staking part so here on the inrt.fi you can see your dashboard with all your staking assets live right now step number four and we need to bridge some minutes to inertia our goal is to be here on the landing platform but first we need to bridge because until right now everything happened on the initial layer one now the landing is taking place on the inertia level so here let's go to the bridge obviously you start from initia and you're bridging some init to inertia again in it here click on my address and start bridge your funds again our goal is to have some initia tokens not on initia but on inertia and right now for step number five it's time to explore the borrow lending protocol here we are on the landing tab and as you can see my status i've already deposited some so i can claim rewards from here also you should do it daily guys after the bridging now we have some initia tokens on inertia so click on initia and now you can supply them here let's choose one and click on submit and now you lend it some initia here on the protocol like all the other borrow lending protocols you can now go to usdc for example and go to the borrow tab and borrow some usdc again i'm choosing one and i'm clicking submit always you can borrow less the amount that you've already deposited because of liquidation let's finish in step number six with the nerdy ass galaxy campaign here it is the pre-testnet incentive campaign you have only one week left this is going to be over by the end of the month and also this is very easy only social stuff as you can see here on the submitting wallet feature you need to paste your initia wallet address where you can find it on the inerty app top right this is the initia wallet address remember we connected our evm wallet here so this is not your metamask address this is the initia wallet address so just paste it claim your own and we're ready always keep an eye on their galaxy page because more campaigns can come as you can see we already had one in the past so yep maybe more will come i don't want to hear excuses leave your excuses at the door this is serious we're working here remember we built the best airdrops on the bear market obviously this is not bear market but such drawdowns make people go away make people leave the space they gamble their tourists they lose their money no we're here because we have one job to be the best so here guys we keep building we never give up i'll be here every day for new project for end of updates for everything i hope you stay here and you continue farming because the big rewards comes to those who have patience because this is a marathon guys this is not a sprint this is just a test of guys fake money zero investments why not this is the only question and this is a very easy you're just swapping staking lending tested money this is free come on guys i don't want to hear anything so come on my website for more airdrops hit that like button if you really enjoyed this video and you got some alpha information out of this it's always appreciated it's always free zero gas fees so that was it for today my lovely people inertia over and now see you on the next one