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Gyndore Airdrop: tasks and status
About the project
Gyndore is a Bitcoin-focused DeFi protocol on Base built around cbBTC. The protocol is designed to let users deposit cbBTC, mint gynUSD against that collateral, trade cbBTC-focused markets, and earn yield from borrowing and trading activity without selling their Bitcoin exposure.
Its model uses cbBTC as the only collateral in the core borrowing system, which keeps the risk model centered on Bitcoin-backed liquidity rather than a broad basket of assets. The project also describes GYND as a planned fee token and bGYND as an incentive token, with staking and reward mechanics connected to protocol revenue and liquidity incentives.
Step-by-step checklist
These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.