🕊️ Early Project Sharing - Glow Finance 🔸 Today while browsing the project on Rootdata, I discovered a Solana Defi protocol @ GlowFinceXYZ. 🔸 Glow Finance is developed by the @ Blueprint_SeFi team, which announced a $9.5 million funding round a few days ago, led by Polychain. 🔸 Glow provides margin accounts, lending pools, and automated trading strategies. According to its Docs, it has been confirmed that it will soon launch its points program, and the currently known ways of participation are: ▪️ Deposit mainstream assets such as USDC/wBTC into the margin account for borrowing and lending purposes: https://app.glowfinance.xyz/ ▪️ Pledge SOL as GlowSOL: https://restake.glowfinance.xyz/ ▪️ Complete 4 XP tasks: https://restake.glowfinance.xyz/mission I have looked at some of its documentation and I am particularly interested in its Recipes module. Recipes is an automated revenue strategy preset by Glow: users select the desired strategy and Glow completes the execution with just one click. Glow's upcoming flagship recipe is "Leveraging GlowSOL Re staking", which uses leverage to re stake SOL and amplify staking profits. Simply put: 1/The user first deposits SOL into Glow's margin account. 2/The system uses this SOL as collateral and borrows up to three times the amount of SOL. 3/Pledge the borrowed 3x SOL back into glowSOL to amplify the profits. It should be mentioned here that the SOL deposited by the user will be re staked and generate sSOL through Solayer, and then packaged as glowSOL. Due to taking a tour of Solayer, users holding GlowSOL can earn up to three times the Solayer points, SOL re staking income, and Glow points. More suitable for friends who hold first-hand SOL.