Ethereum

Summer.fi, the decentralized finance platform, has launched a new feature allowing to double the $RAYS points with Multiply and Yield Loops. This bonus is available for new and existing positions of the platform users.Recently Summer.fi <a href="https://blog.summer.fi/introducing-rays-points-program/" rel="noopener noreferrer nofollow">launched $RAYS</a>, a points system designed to incentivize and reward users for engaging with its app and supported protocols. The $RAYS program is part of Summer.fi’s ongoing efforts to enhance the user experience and drive adoption of its cutting-edge DeFi solutions. By incentivizing engagement and rewarding loyal users, Summer.fi aims to further solidify its position as one of the leading platforms in DeFi.During this August every Multiply and Yield Loop action on Summer.fi will reward users with twice the $RAYS accrued on the swap. Whether users Open, Adjust, or Close the position, this bonus accrues immediately and spans all networks and protocols.Using Multiply allows traders to amplify the exposure to collateral of choice in just a few clicks. It’s a way to enhance potential gains (or losses) without adding extra funds. Using Yield Loops allows boosting potential earnings on an asset, by increasing exposure to the underlying source of yield.This campaign is valid until 23:59 UTC on Saturday, August 31st.How to Get Started:1) Connect a wallet and go to Summer.fi account.2) Adjust Multiply or Yield Loop positions or open a new one.3) Watch $RAYS points grow at a faster rate!To find more about $RAYS Multiply and Yeld Loop trades users can navigate <a href="https://blog.summer.fi/double-rays-for-multiply-and-yield-loop-trades/" rel="noopener noreferrer nofollow">here</a>.About Summer.fi<a href="https://summer.fi/" rel="noopener noreferrer nofollow">Summer.fi</a> is a platform for decentralized finance. It can be used to borrow stablecoins against users’ favorite cryptocurrencies, increase exposure against them using Multiply, or potentially earn a competitive yield. This can be done across multiple protocols and Layers — all in one place. Summer.fi’s mission is to provide the most trusted entry point to deploy capital into DeFi. The team is made of passionate thinkers and builders driven to create a better user experience for all of DeFi while putting the assets to work.Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Summer.fi Launches $RAYS Points to Reward User Engagement

Optimisus

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