Arbitrum Odyssey Week 2 Activity Guide

This week, the Arbitrum Odyssey event has entered its second week. Participants need to interact with both the Yield Protocol and GMX projects as per official requirements to earn 2 NFTs for this week.

Event time: From 1:00 AM on June 29 to 00:59 AM on July 5. NFT claiming time: After 1 AM on July 6.

After successfully completing the interaction, you can go to Project Galaxy to claim the corresponding NFT.

Yield Protocol Interaction Guide

Yield Protocol is a fixed-rate lending protocol based on ETH/Arbitrum, focusing on fixed rates, term loans, and interest rate market models.

Interaction requirement (, complete any one item will suffice ):

1. Provide ≥50U liquidity
2. Lend ≥50U assets
3. Borrowing ≥100U assets ( requires the use of supported collateral )

Notice:

• The first two items are relatively simple, requiring less capital.
• The funds involved in the interaction can be withdrawn at any time.

Operation Steps

1. Exchange stablecoins If you need stablecoins, you can exchange ETH for DAI or USDC on Uniswap or Sushiswap.

2. Provide liquidity
   • Enter the Yield Protocol liquidity interface
   • Select assets and quantity (≥50U)
   • Confirm and sign the transaction

3. Lending Assets
   • Enter the Lend interface
   • Select asset and quantity ( ≥ 50U )
   • Confirm and sign the transaction

4. Borrowed Assets
   • Enter the Borrow interface
   • Choose collateral and borrowed assets(≥100U)
   • Confirm and sign the transaction

It is recommended to choose options that provide liquidity or lend assets, as the operations are relatively simple.

GMX Interaction Guide

GMX is a decentralized perpetual contract exchange that features zero slippage, high leverage, and fairness and transparency.

All interaction requirements ( must be completed ):

1. Perform a contract leverage trade of ≥10U
2. Become a liquidity provider( purchase GLP)
3. Complete a Swap transaction

Notice:

• All three tasks must be completed
• There is a 15-minute cooldown period for removing liquidity

Operation Steps

1. Contract Leverage Trading
   • Enter the trading interface
   • Choose to go long or short
   • Input a transaction volume of ≥10U
   • Confirm and sign the transaction

2. Provide liquidity
   • Enter the GLP trading interface
   • Select asset and quantity to purchase GLP
   • Confirm and sign the transaction

3. Swap Trading
   • Enter the Swap interface
   • Select the currency and quantity for exchange
   • Confirm and sign the transaction

After completing the above steps, please check whether the NFT eligibility on Project Galaxy has been activated.

Related tutorials for the subsequent period will continue to be updated, please stay tuned.