Another underfarmed campaign that everyone's ignoring

Another campaign that everyone’s ignoring:

@Davos_Protocol’s Linea Peaks Pursuit on Intract.

(Only 1.5k participants)

Here’s how I completed these 4 tasks with $200 (the campaign ends on 29 June):

Davos Protocol Overview

Davos is a collateralised stablecoin protocol, similar to Gravita/Lyve/Satoshi Protocol.

Total funding: $500k with 2 undisclosed rounds.

You deposit an asset like ETH/LRTs and mint the DUSD stablecoin.

Davos has a points system (or Peaks) that could be used for its airdrop.

There are 4 tasks to complete for this Intract campaign:

Here’s how I completed them:

No minimum was required, and I was verified after adding $0.20 to the DUSD/USDC pool.

But the harder task involved minting DUSD:

The final 2 tasks involve depositing weETH and STONE as collateral to mint DUSD.

But to open a position, the minimum DUSD required is 100.

So I used these amounts to open a position:

This may change based on the price, and I recommend having a higher LTV so that your position does not get liquidated.

(I.e. depositing more ETH than required to achieve a safe LTV ratio.)

I used the same capital for both positions, and these were the steps I did:

The process is complicated, which is exactly why no one would do it.

So I’m hoping that this campaign gives a boost for Davos’ potential airdrop.

At least gas on Linea is reasonable, so I did not spend that much in fees.

If you still have not signed up for Linea Surge yet, use my referral and start earning LXP-L:

Thanks for reading!

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