Flash Claim FAQ
First, figure out which kind of situation you are in before Flash Claim.
- 1.Borrow and Stake (including solo staking)
- 2.Only Borrow
- 3.Only Stake
Users who only borrow or stake can Flash Claim directly via BendDAO to mint the Sewer Pass on 17th Jan.
Users who borrow and stake at the same time can Flash Claim directly via BendDAO to mint the Sewer Pass on 20th Jan. If the user unstake, he can Flash Claim the pass on 17th Jan as well.
A: Because there is a 7-day timelock of Lending Pool contract. The new version of the Flash Claim Registry that supports users to Flash Claim when both borrowing and staking are deployed on 13th Jan and will be effective on 20th Jan. Security
A: Yes. You can combine with a BAKC for a higher-tiered Sewer Pass with Flash Claim. The BAKC should be in your wallet address.
A: Yes, you can unstake anytime.
A: First-time users can deploy the Airdrop Receiver Contract first which is a one-time cost.
A: BAKC holders need to unstake first to mint a higher-tiered Sewer Pass.
A: Airdrops can be claimed if you’re holding related boundNFTs. All borrowers receive boundNFTs when they successfully deposit NFTs in Bend.
A: Flash Claim supports 2 kinds of airdrops. 1) The project airdrops to holders’ addresses directly including contract addresses; 2) The airdrops need to be claimed by holders (no restriction of contract addresses). More details: https://docs.benddao.xyz/portal/user-guides/flashclaim
A: BendDAO follows the airdrop rules set by the project. Both specific and random airdrops can be supported.
A: You can always Flash Claim airdrops on BendDAO if the project airdrops to holders’ addresses directly including contract addresses. Your airdrop never expires.
If the airdrops need to be claimed by holders (no restriction of contract addresses), the expiration date is decided by the project instead of BendDAO.
A: Yes, you can. There are no programming requirements.
You need to click the "Deploy Airdrop Receiver Contract" for the first Flash Claim. It's needed only once.
A: For NFT-backed loans, when the borrower deposits an NFT in BendDAO, a boundNFT will be minted as a Debt NFT. For Custody, when the NFT holder deposits an NFT in BendDAO, a boundNFT will be minted as a receipt NFT.
More details of boundNFT https://docs.benddao.xyz/portal/highlights/true-ownership
A: Yes. Visit BoundNFT Github to find more details. https://github.com/BoundNFT/boundnft-protocol/tree/main/contracts
A: Yes. Users also can write a contract to implement the Flash Claim. Please check the demo on Github. https://github.com/BendDAO/bend-flashclaim-demo
A: Technically, all airdrops that are related to the collaterals can be supported. BendDAO-supported collaterals are BAYC, CryptoPunks, MAYC, Azuki, Moonbirds, CloneX, and Doodles.
Feel free to find the team in Discord if you want us to support other airdrops.