How to claim Asymmetry Finance Airdrop ?
Table of Contents
Asymmetry Finance is a borrowing platform that enables users to borrow against their crypto-assets in a decentralized manner. The protocol’s primary product is USDaf, a stablecoin that allows borrowers to set their own fixed interest rates, providing greater flexibility compared to traditional DeFi borrowing models.
The platform leverages a friendly fork of Liquity V2 technology, ensuring robust security for its borrowing and lending operations. The protocol focuses on the synthetic dollar market, offering users a permissionless and transparent alternative to conventional borrowing platforms.
Asymmetry Finance Airdrop Details
Asymmetry Finance is currently running “The Gem Rush” airdrop campaign, with Season 2 launching on May 28, 2025. This campaign rewards users with Gems for completing various DeFi activities on the platform, including minting USDaf, providing liquidity, and participating in governance through staking.
The airdrop operates on the Ethereum mainnet and requires participants to interact with multiple aspects of the Asymmetry Finance ecosystem. Users can earn Gems by borrowing against Bitcoin-backed tokens (WBTC, tBTC, cbBTC) and supported stablecoins (sUSDe, scrvUSD, sDAI, sfrxUSD, and sUSDS). Additional rewards are available through liquidity provision on platforms like Curve Finance and Uniswap.
The campaign includes special incentives such as the Gem Rush Jackpot, where participants are randomly selected every two weeks to win prizes including $ASF tokens and additional Gems. Season 2 Gems will be redeemable at the beginning of Season 4, indicating a structured reward distribution timeline.
How to Participate in Asymmetry’s Gem Rush Airdrop
Prerequisites:
- Have ETH on Ethereum mainnet network for gas fees
- Acquire supported collateral tokens (WBTC, tBTC, cbBTC, sUSDe, scrvUSD, sDAI, sfrxUSD, sUSDS)
Note: You can purchase ETH on Binance (or bridge ETH to mainnet using Rhino Bridge for optimal rates). Once you hold ETH on mainnet, you can swap to the supported collateral tokens mentioned above using DeFiLlama swap.
- Mint USDaf with Bitcoin (2x Gems)
- Visit the Asymmetry Finance platform
- Connect your wallet containing WBTC, tBTC, or cbBTC
- Supply your Bitcoin-backed token as collateral
- Set your preferred borrow rate and interest rate
- Mint USDaf tokens
- Mint USDaf with Stablecoins (2x Gems)
- Connect your wallet with supported yield-bearing stablecoins (scrvUSD, sDAI, USDS, sfrxUSD, or sUSDe)
- sUSDe recommended: get USDe from Binance and withdraw to your wallet. Then stake USDe for sUSDe via Ethena to earn sats as well as Asymmetry Gems.
- Supply your chosen stablecoin as collateral
- Configure your borrow rate and interest rate settings
- Mint USDaf tokens
- Connect your wallet with supported yield-bearing stablecoins (scrvUSD, sDAI, USDS, sfrxUSD, or sUSDe)
- Stake USDaf for sUSDaf (2x Gems)
- Connect your wallet containing USDaf tokens
- Select the amount you wish to stake
- Deposit USDaf to receive sUSDaf (staked USDaf)
- Confirm the transaction
- Deposit into Stability Pool (2x Gems)
- Connect your wallet with USDaf tokens
- Choose an available Stability Pool
- Confirm your deposit amount
- Complete the deposit transaction
- Provide Liquidity USDaf/USDC/USDT on Curve (2x Gems)
- Navigate to Curve Finance’s USDaf/USDC/USDT pool
- Select “Deposit” and add your liquidity
- Confirm the transaction
- Provide Liquidity USDaf/USDT on Uniswap (2x Gems)
- Go to Uniswap Pools section
- Select the USDaf/USDT pair
- Add equal value liquidity to both tokens
- Confirm and complete the transaction
- Mint afCVX (1x Gem)
- Connect your wallet containing CVX tokens
- Enter your desired mint amount
- Confirm the transaction to mint afCVX
- Provide afCVX Liquidity (1x Gem)
- Navigate to Curve Finance
- Find the afCVX liquidity pool
- Select “Deposit” and add afCVX liquidity
- Confirm the transaction
- Lock ASF for veASF (1x Gem)
- Connect your wallet containing ASF tokens
- Choose your lock duration period (maximum 52 weeks)
- Deposit ASF tokens to receive veASF
- Complete the locking transaction
Credit By : airdrops.io