Port Finance x Grape Protocol: 50,000 PORT Tokens up for grabs!

Published on: 19.08.2021

Port Finance is thrilled to work together with GRAPE Protocol  to unveil an exciting new initiative that will increase participation within the Port Finance ecosystem and incentivize Solana community members to prove their allegiance to the world!

Before their formal liquidity mining campaign begins, Port will be rewarding a total of 50,000 PORT tokens based on usage of the Port Finance platform. This means the higher the combined deposit and borrowed amount in USD, the higher the reward they will get.

Users who participate in the Port Finance platform via the Grape Protocol Port Harbour gate will also be eligible for a boost in rewards.

✅ A series of snapshots will be taken at a random point in time to determine the user’s contribution to the protocol.

“We are very excited to be offering the Port Finance community a new opportunity to earn rewards for their participation and support of the quickly growing Solana ecosystem — The Grape team are an innovative group of crypto OG’s and we are happy to be amongst some of the first Solana-based project teams collaborating with them to incentivize users!” — The Captain, Port Finance

“The team at Port Finance are some of the most creative people we’ve met in crypto; they care passionately about their community and it shows in this partnership. The campaign we’ve planned together is one of the best perks we’ve seen for token holders and a pioneering use case for tokenized communities. We’re thrilled to be working together and excited for the future.” — Dean Pappas , Grape Founder

The Great Ape ($GRAPE) ecosystem provides a framework and infrastructure for creating and maintaining censorship resistant communities on the Solana blockchain. Grape enables projects to empower their communities with dynamic balance based membership tools.

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Port Finance is a decentralized Money Market protocol on Solana, aiming to provide a full suite of lending products including but not limited to: variable rate lending, fixed rate lending and interest rate swaps. Port Finance’s team brings engineering experience from tech companies like Google, Facebook, and Microsoft, and previous contributions to Solana and Serum.

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