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Marginfi is a decentralized margin protocol for trading in Solana, enabling traders to access margin, manage risk, and enhance capital efficiency across the entire Solana ecosystem.

Marginfi received funding $3 Million in seed funding, invested by Solana Venture, Pantera Capital and others.

A few days back, we discussed Jito airdrop and how to mint JitoSOL. This guide teaches how to lend and borrow on Marginfi using JitoSOL, earning more Jito and Marginfi Points for future airdrops.

Make sure you have enough SOL or JitoSOL to lend on Marginfi

SUPPLY OR LEND ON MARGINFI:

• Go to https://app.marginfi.com/ and connect your Solana wallet

• Select JitoSOL and Enter Amount

• Click Supply to lend

• If you JitoSOL is full, try to lend SOL for better

• JitoSOL already done airdrop on last week, so you can choose SOL to lend.

BORROW SOME USDC ON MARGINFI:

• Select Borrow and Proceed to USDC

• Enter small amount of USDC, don’t go for max

• Click Borrow and confirm in the blockchain

Understand you need to pay borrowed amount later date to get back you supplied SOL or JitoSOL.

You can always check your Points on Point Dashboard

• Point Dashboard: https://app.marginfi.com/points

That’s all for today!

There are many more to come. Stay Tuned! Follow Medium for more airdrops.

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