Boost Your Crypto Game with Aries Markets

2 Min Read

Aries Markets is a universal DeFi protocol on the Aptos blockchain that focuses on developing lending functionality. They have recently launched a system that rewards users with points for providing liquidity and using borrowing mechanisms.

To interact with the dApps and potentially be eligible for future drops, users can follow the steps outlined below:

1. Visit the Aries Markets website and connect their Twitter account and wallet.
2. Click on “Go To App” and select the asset in which they want to make a deposit under the “Lending” tab.
3. Enter the desired amount and confirm the deposit.
4. To use the borrowing mechanism, select the desired asset and open the “Borrow” tab.

It is important to note that each dollar deposited in the protocol earns 1 point, while each dollar borrowed earns 3 points per day. However, to receive points, the minimum amount stored in the protocol must be $100 or more.

Users should also be aware of the Risk Factor indicator when using the borrowing mechanism. If the price of the collateral asset significantly decreases, their position may be liquidated.

Earned points can be viewed on the “Points” tab, and users can also invite friends using their referral link to earn additional rewards.

The Aries Markets project is likely to have support from Aptos, as they have been mentioned on Aptos’ Twitter account. Additionally, there are other dApps available for users to explore for additional activities.

In conclusion, Aries Markets offers a DeFi protocol with lending functionality on the Aptos blockchain. Users can earn points by providing liquidity and using borrowing mechanisms. The project may have support from Aptos, and there is a referral system in place. It is important to conduct thorough research and not solely rely on this information for investment decisions.

For more details, visit the Aries Markets website, their X (Twitter) account, or their Discord channel.

Bank of Israel Criticizes Netanyahu’s Plan to Bypass Sanctions With Cryptocurrencies

Israel’s central bank and opposition politicians criticized Prime Minister Benjamin Netanyahu’s proposal to develop an alternative economic system, potentially using cryptocurrencies, to avoid possible banking sanctions.

3 Min Read
Hong Kong Approves 24/7 Trading of Tokenized Investment Funds

Hong Kong’s SFC approved the world’s first secondary trading of tokenized public investment funds on a licensed virtual asset platform, where PantherTrade began trading two ChinaAMC funds on October 15,…

3 Min Read
BNB Chain Plans New Layer 1 Network Launch in Early 2027

BNB Chain plans a separate high-performance Layer 1 network complementing BNB Smart Chain, using BNB for fees, staking and governance, with a public testnet targeted by end-2026 and mainnet in…

3 Min Read
GMO Internet Hackers Gain Access to Clients’ Trading Accounts

Investigating from October 19, GMO Internet confirmed unauthorized Onamae.com Desktop Cloud access potentially affecting 26,739 servers, possible MetaTrader credential theft and reported unauthorized trades, pledging confirmed-loss reimbursements and 5,000-yen active-user…

4 Min Read
Grayscale Names 3 Blockchain Projects With AI Boom Profit Potential

Grayscale highlighted DATA Network, USD.AI and Pearl as projects supporting AI infrastructure, citing 280 million verified DATA records, over $400 million in USD.AI lifetime funding and Pearl’s 93.5% monthly hashrate…

3 Min Read