Zap your GLP! Campaign
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The is a part of Dolomite's program. The campaign awards 10 XP for achieving a series of credentials/objectives related to the Zap
feature on Dolomite and zapping
using four different types of GLP assets. The following guide will describe how to achieve each of the four credentials for the Zap your GLP! Campaign.
This campaign utilizes for tracking progress and distributing XP. After all four Credentials are met on the , you can go to the Galxe page to claim an OAT representing the 10 XP. If you're new to the XP program, make sure you also go to the Dolomite Discord channel and connect your Galxe account so you can receive Discord roles that match your level.
1 – 3. Zap to each GLP asset (i.e. GLP, plvGLP, and mGLP)
The Zap
can be done either to the GLP asset, or from the GLP asset.
All of these assets are Collateral-Only
mode, meaning it cannot be borrowed. This reduces the amount of possible Zaps
types that can be used to complete the Credential.
GLP and plvGLP are all Isolation-Mode
assets.
For the example, I will be using the swap to each of the assets. However, as there are many different ways to Zap
between assets on Dolomite, you are able to complete this Campaign using many different methods.
Another worthwhile option to try, is a "looping" strategy with . This Zap
feature allows you to borrow an asset, then swap it, and add an asset as collateral. In the case of the GLP assets as collateral in a Borrow Position, this means you can:
borrow an asset against the GLP collateral,
trade this borrowed asset into more GLP,
then add it as collateral within the Position.
This allows you to create a "loop," in one click, to increase the amount of yield obtained from your initial GLP amount. You can read about Zap - Trade and deposit as collateral, and each of the Zap
options available on Dolomite within the . For the sake of completing the Campaign efficiently, the following method will simply use the to complete each of the necessary swaps.
Zap an asset to each of the three GLP assets.
Congratulations! You have all the information necessary to complete the Zap your GLP! Campaign and be qualified to receive 10 XP! With the skills you've learned from completing this campaign, you are now familiar with the Zap feature of Dolomite, which will allow you to have a more seamless experience within Borrow Positions.
Within your Dolomite Balance, on the Balances page, select the button. Swap to each of the four GLP assets (i.e. GLP, plvGLP, and mGLP), to complete each correlated Credential.