LayerBank has always believed in the power of active community participation, and today, we are thrilled to introduce a new program that rewards your engagement within our ecosystem – the LayerBank Points Mining program👇

We want to highlight the promising potential of Linea and future airdrops, akin to those in Arbitrum. Currently, Linea boasts a total of 545,785 transactions, and a significant 47% of these, amounting to 256,887, have been generated through LayerBank's Core contract. Furthermore, according to DeBank, 42,213 unique users have interacted with our project, constituting 12% of Linea's total unique users, which stands at 347,115.

Given these impressive statistics, we believe that LayerBank is well-positioned to benefit from future airdrops that promote decentralization of the Linea mainnet chain.

Furthermore, in alignment with our commitment to the upcoming Linea DeFi Voyage, where LayerBank stands as the official supporter DeFi project, we are thrilled to introduce the LayerBank Points program, specifically designed to bolster these initiatives and engage our community.

Program Highlights:

• LayerBank Points: These loyalty points serve as your gateway to future Linea token distributions. By engaging with LayerBank daily, you'll earn points that directly impact your share of upcoming airdrops.

Earning Points:

• Supply $1+ in LayerBank: Earn 0.01 points per $ daily.

• Borrow $1+ from LayerBank: Earn 0.03 points per $ daily.

• Staking LAB on LayerBank: Earn 3000 points divided based on the daily xLAB score.

• Daily Bonus:

  For every hour you interact with Layerbank, you'll earn an additional 1 point per hour for a total of 24 hours.

Example: Alice, who deposits $100, borrows $50, and has an xLAB score of 0.1%, will earn 5.5 points daily. Additionally, if she completes these actions within a single day, she will receive a daily bonus of 1 point. Don't forget to interact with LayerBank daily to earn the daily bonus!

Potential Airdrop Distribution Categories:

To ensure this program benefits our community, potential Linea airdrop distribution is divided as follows:

• 40%: Lending, Borrowing, and Staking Incentives

• 30%: LayerBank Community Airdrop (LayerBank Points mining program)

• 20%: Marketing: Funds for marketing and community events.

• 10%: Treasury: Allocated for the long-term sustainability and growth of LayerBank.

In essence, our aim is to build a stronger and more vibrant community by recognizing and rewarding active participation within LayerBank.

Stay tuned for more updates on LayerBank's Linea Rewards Quest as we continue to thrive and grow in the LayerBank ecosystem. Thank you for being a valuable part of our journey.

About LayerBank

LayerBank is a lending protocol designed to serve as the liquidity hub for all EVM rollups, offering a universal, permissionless banking solution across the OmniChain ecosystem.