Napier Airdrop: tasks and status

updated 23 Jul 2024
DeFi

About the project

Napier Finance is a decentralized yield protocol and universal yield infrastructure that enables users and developers to access, combine, and create complex income-generating strategies in DeFi.

Key Features:

  1. Universal Yield Infrastructure
    Napier provides a foundational layer for generating, managing, and composing yield from multiple sources, abstracting complexity away from the end user.

  2. Markets & Vaults
    The protocol consists of two main components:

    • Markets — places to set yield parameters and exchange yield assets.

    • Vaults — automated capital management strategies for optimized yield generation.

  3. Market and Vault Performance Management
    The protocol balances the needs of stakeholders (users, LPs, developers), optimizing liquidity allocation and incentives for maximum efficiency.

  4. Simple Strategies → Complex Combinations
    Users can start with simple yield-generating strategies and then combine them to earn extra returns (e.g., yield on yield).

  5. SDK and API for DeFi Developers
    Napier provides tools to build custom applications on top of Markets and Vaults, allowing any DeFi project to integrate yield infrastructure.

  6. Decentralized Architecture
    The protocol operates without a central intermediary; all yield is generated automatically through smart contracts and algorithmic strategies.

Funding

$1M raised · 13 investors

  • B Dash Ventures
  • Fracton Ventures
  • Mr. Block
  • Michael Egorov
  • Flick Shot
  • C2tP
  • Winthorpe
  • Charlie
  • Jinwoo Park
  • Brandon Neal
  • Edward Mulraney
  • Sho Yoshida
  • Sidney Gottlieb

Step-by-step checklist

How to qualify for the airdrop Locked

These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.