Synonym is a universal cross-chain credit layer for busy DeFi Professionals. They’re building the cross-chain lending and borrowing experience that users deserve, powered by the Wormhole cross-chain technology stack. Users can earn yield, borrow, repay and withdraw from any chain, all from a single unified interface.

Synonym is running a BIPS points campaign where users can earn free SYNO and other multichain ecosystem rewards. You can earn free BIPS by depositing, borrowing and through vlSYNO Locks. vlSYNO is an advanced LP locking mechanism designed to establish deep liquidity for the Synonym ecosystem overall.

Step-by-Step Guide:

1. Visit the Synonym website.
2. Connect your wallet.
3. You can earn free BIPS by depositing and borrowing on the money market.
4. Additionally, users can earn more BIPS using vlSYNO Locks.
5. For every dollar supplied per day, you will earn 1 BIP.
6. For every dollar borrowed per day, you will earn 2 BIPS.
7. You can also earn 0.5 BIPS per vlSYNO per day.
8. For more information about the airdrop, visit this official airdrop document.

• Airdrop Link: Go to airdrop

• Total value: n/a

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• Platform: arbitrum, base, eth, scroll, optimism

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