Arbitrum Odyssey Week 2 Guide: Detailed Explanation of Yield Protocol and GMX Interaction Tasks

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Arbitrum Odyssey Week 2 Activity Guide: Interaction with Yield Protocol and GMX Project

This week, the Arbitrum Odyssey event enters its second week. Participants need to complete interaction tasks for the Yield Protocol and GMX projects to receive corresponding NFT rewards. The event runs from June 29, 2022, at 1:00 AM to July 5, 2022, at 00:59 AM, and NFTs can be claimed on the Project Galaxy platform after 1:00 AM on July 6.

Arbitrum Odyssey Week 2 event has started, hands-on guide on how to interact

Yield Protocol Interaction Guide

Yield Protocol is a fixed-rate lending protocol based on ETH/Arbitrum, focusing on fixed rates, term lending, and interest rate market models.

Interaction task requirements (complete any one of them):

  1. Provide liquidity of ≥50U
  2. Lending assets ≥50U
  3. Borrow assets of ≥100U (supported collateral is required)

Arbitrum Odyssey Week 2 event has started, a step-by-step guide on how to interact

Providing liquidity steps:

  1. Enter the liquidity provision interface of Yield Protocol
  2. Select asset and expiration date
  3. Enter the deposit amount (≥50U)
  4. Confirm Transaction

Arbitrum Odyssey Week 2 event has begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 event has started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Lending Asset Steps:

  1. Enter the Lend interface of Yield Protocol
  2. Select the loaned assets and maturity date
  3. Enter the loan amount (≥50U)
  4. Confirm Transaction

Arbitrum Odyssey Week 2 event has started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Note: It is recommended to choose to provide liquidity or lend assets, as these two actions are relatively simple and funds can be withdrawn at any time.

GMX Interaction Guide

GMX is a decentralized perpetual contract exchange that offers zero slippage, high leverage, and a fair and transparent trading experience.

Interaction task requirements (all three items must be completed):

  1. Conduct a contract leverage trade of ≥10U
  2. Become a liquidity provider (buy GLP)
  3. Perform a SWAP transaction

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Contract Margin Trading Steps:

  1. Enter the GMX contract trading interface
  2. Select trading pair and leverage multiple
  3. Enter the transaction amount (≥10U)
  4. Confirm Transaction

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 event has started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 event has started, step by step guide on how to interact

Arbitrum Odyssey Week 2 events have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Providing liquidity steps:

  1. Enter the GLP trading interface of GMX
  2. Select the asset to purchase GLP
  3. Enter the purchase amount
  4. Confirm Transaction

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

SWAP transaction steps:

  1. Enter the Swap interface of GMX
  2. Select the token pair for exchange
  3. Enter the exchange amount
  4. Confirm Transaction

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have started, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 event has started, a step-by-step guide on how to interact

After completing all the interactions above, please check whether the NFT claim eligibility on the Project Galaxy platform has been activated. The activity guides for the coming weeks will be updated in succession, please stay tuned.

Arbitrum Odyssey Week 2 activities have begun, a step-by-step guide on how to interact

Arbitrum Odyssey Week 2 event has started, a step-by-step guide on how to interact

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ChainDetectivevip
· 07-23 02:46
It's so troublesome to have both rewards and tasks.
View OriginalReply0
LiquidationKingvip
· 07-22 18:12
Now we have to play with liquidity to complete the tasks.
View OriginalReply0
GasGrillMastervip
· 07-20 03:16
gm, Lock-up Position scholar arrangement
View OriginalReply0
SatoshiLegendvip
· 07-20 03:14
DeFi is mathematics; just let the code speak.
View OriginalReply0
BakedCatFanboyvip
· 07-20 03:07
It's just reheating old rice, I'm so bored.
View OriginalReply0
AirdropLickervip
· 07-20 02:59
Another Airdrop that even dogs can't get.
View OriginalReply0
degenonymousvip
· 07-20 02:51
Clip Coupons again, let's go!
View OriginalReply0
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