Flash Claim FAQ
A: Flash Claim feature is designed for this scenario. Find the “Flash Claim” on the Dashboard, and borrowers can claim related airdrops. https://www.benddao.xyz/app/flash-claim
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: The distribution process on BendDAO is also random. For fairness and safety, BendDAO random algorithm is based on Chainlink VRF infrastructure to distribute tokens.
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.
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
BAYC/MAYC Holder | Flash Claim Start Time | Remark |
|---|---|---|
Borrow and Stake | 10:00pm PST 19th Jan; 2:00pm HKT, 20th Jan (because of the timelock) | If the user unstake, he/she can Flash Claim the pass on 17th Jan. |
Only Borrow | 17th Jan (same as the official site) | |
Only Stake | 17th Jan (same as the official site) | |
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.
All details will be further confirmed when the official Sewer Pass Mint contract is released.
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.
BAKC Holder | Flash Claim | Remark |
|---|---|---|
Only Stake | N.A. | Users need to unstake first to join the mint. |
A: BAKC holders need to unstake first to mint a higher-tiered Sewer Pass.
Last modified 3mo ago