Airdrop Guide: INIT Capital

INIT Capital is a platform for lending and borrowing strategies.

Why We Are Hunting This

INIT is currently offering points for lending, borrowing, and using its hooks! Protocols often implement a points system as a precursor to an airdrop to help identify accounts contributing towards their success.

Official Links

• init.capital
• @InitCapital_

Tasks & Quests

Unknown Title

Difficulty: Easy | Time: 2 min

1. Connect your wallet to Uniswap and switch to Ethereum
2. Select ETH as the asset you want to swap from and input an amount
3. Select MNT as the token you want to receive (token address: 0x3c3a81e81dc49A522A592e7622A7E711c06bf354)
4. Click “Swap” and approve the transaction

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Difficulty: Easy | Time: 2 min

1. Connect your wallet to Mantle’s frontend and switch to Ethereum
2. Select MNT as the asset you want to deposit to Mantle
3. Input the amount of MNT you want to deposit
4. Click “Deposit Tokens to L2” and approve the transaction

Purchase WETH on Mantle

Difficulty: Easy | Time: 2 mins

1. Connect your wallet to the iZiSwap frontend and switch to Mantle
2. Select MNT as the asset you want to swap from and input an amount (hint: leave some MNT for gas!)
3. Select WETH as the asset you want to receive
4. Click “Swap” and confirm the transaction

Loop mETH with INIT

Difficulty: Easy | Time: 2 mins

1. Connect your wallet to INIT and switch to Mantle
2. Click into the “mETH Looping Hook”
3. Read how looping works and click “Open Position”
4. Select the asset you want to use to fund the trade (mETH or WETH)
5. Select the amount of leverage that you want to use
6. Approve the token allowance, click “Open Looping Position,” and confirm the transaction

Deposit Assets to INIT

Difficulty: Easy | Time: 2 mins

1. Hover over the asset you want to deposit and click “Deposit/Borrow”
2. Input the amount of tokens you wish to deposit
3. Optionally, deposit additional assets by clicking “Add Deposit Asset(s),” selecting another asset, and repeating the step above
4. Approve the token allowance
5. Click “Open Position” and confirm the transaction

Borrow Assets from INIT

Difficulty: Easy | Time: 2 mins

1. Hover over the asset you want to borrow and click “Deposit/Borrow”
2. Navigate to the “Deposit and Borrow” tab
3. Under “Deposit,” select the asset you want to deposit to collateralize the position and input an amount you want to supply
4. Under “Borrow,” select the asset you want to borrow and input the amount
5. Optionally, borrow additional assets by clicking “Add Deposit/Borrow Asset(s)” and repeating the step above
6. Approve the token allowance
7. Click “Open Position” and confirm the transaction