Retroactive hunting guide for Olive Finance project

• Olive Finance Overview
• Retroactive hunting guide for Olive Finance project
• Step 1: Mint GLP on GMX
• Step 2: Connect with Olive Finance
• Step 3: Send GLP to Vaults
• Step 4: Join the campaign in Galxe
• summary

Olive Finance Overview

Olive Finance is a multichain protocol, currently deployed on Ethereum, Polygon and more recently Arbitrum. The project allows users to earn passive income from their idle assets with an annual APY of more than 30%.

Recently, Olive Finance officially deployed on Arbitrum network - a Layer 2 scaling solution on Ethereum and the first supported asset is GLP - this is dubbed the largest liquidity pool currently on the network. Arbitrum is developed by GMX. Therefore, if you experience on Olive Finance, there is a high possibility of receiving airdrops of both Arbitrum and Olive Finance projects in the future.

Olive Finance has launched tokenomics, with a Seed round valuation of around $25 million. Subsequent funding rounds are still unknown at Olive Finance's valuation. According to what is mentioned in Tokenomics, the project will spend 40% of the total supply allocated to the community.

Therefore, it is highly likely that the project will dedicate a part of the token to Airdrop for their early users. In this article, TraderH4 will guide readers to experience the Olive Finance project for a chance to receive Airdrop in the future.

Retroactive hunting guide for Olive Finance project

Before experiencing the Olive Finance project, readers need to prepare a MetaMask wallet account that has added the Arbitrum network. If you do not know how to create a wallet, you can refer to and follow the instructions in the article " How to install and use the MetaMask wallet ". In this article, the TraderH4 team will focus on guiding the Olive Finance project experience.

Step 1: Mint GLP on GMX

You go to the GMX website, then connect to the MetaMask wallet and switch to the Arbitrum One network. Next, you select “ Buy ” and then you continue to select “ Buy GLP on Arbitrum ”. Then you enter the amount of GLP you want to buy and select “ Buy GLP ” to complete the transaction.

Step 2: Connect with Olive Finance

You access the Olive Finance website and connect to the Arbitrum network MetaMask wallet. Then you proceed to create a " referral code " for yourself.

Step 3: Send GLP to Vaults

Then, you access the "Vaults" section on the menu bar and select the "GLP" section to proceed with staking GLP tokens.

Step 4: Join the campaign in Galxe

Currently Olive is running “ Olive GLP Vault Deposit Campaign ” on Galxe. After completing the above steps, you go to Galxe and complete social tasks and choose to participate in the campaign, for a lucky chance to receive tokens from the project.

summary

Above is some basic information about Olive Finance project and guide to experience the platform for a chance to receive Airdrop in the future. If during the experience, readers have questions, they can discuss them at TraderH4's Telegram Group .