About Loopscale

Loopscale is a new DeFi primitive and the future of borrow-lend on Solana. With support for new collateral assets like native-staked SOL and Orca LPs, Loopscale’s order book model delivers the best LTVs and rates for borrowers, while empowering lenders with precise risk controls and better yields.

Loopscale is in Closed Beta and recently released “Yield Loops”, which offers users one-click leverage on yield-bearing assets. With Yield Loops, depositors can boost fees earned by holding LSTs, DEX LPs, and Perp LPs. To highlight the product, Loopscale invites the Superteam community to share a thread on Twitter (X) about Yield Loops.

About the Bounty

Explore Loopscale and try out the Yield Loops product. Write and publish a thread on Yield Loops, sharing information about one or more of the following:

• Experience (how to use the product)

• Mechanics (how the product works)

• Advantages/Benefits (why to use the product)

When discussing advantages, explain how Loopscale’s lending protocol design and fixed rates make Yield Loops a better option compared to yield strategies on other protocols.

Evaluation Criteria

• Creativity: How creative and engaging is the thread? We value originality and the ability to hold the audience's attention.

• Clarity & Accuracy: Is the information presented in the thread correct and up-to-date?

• Comprehensiveness: Does the thread thoroughly explain the product, its importance, and/or benefits?

• Professionalism: Is the content well-written? Does the thread include screenshots or visuals?

Submission Requirements

• Tweet your submission and tag @LoopscaleLabs

• Follow @LoopscaleLabs

• Write the thread in English

Resources

1. Loopscale App

2. DM @marygooneratne on Telegram to get a Closed Beta access code if necessary. Access codes are meant for individual use only.

3. Tweet about Yield Loops

4. Tweet mentioning Yield Loops

5. Blog post mentioning Yield Loops

Rewards

🥇 First Prize: 300 USDC

🥈 Second Prize: 200 USDC

🥉 Third Prize: 100 USDC

Disclaimer: This bounty involves depositing to Yield Loops to try out the product, which can lead to losses. The amount invested by participants to try out the product will not, in any way, affect the review process. The only thing that matters is the quality of your thread as per the Evaluation Criteria mentioned above. We recommend trying out the product with a small amount of investment first; an amount that you can afford to lose. Please proceed at your own risk.