Subfrost Kicks Off PERMAFROST Airdrop Campaign with $FUEL Rewards
Subfrost is a Bitcoin-native DeFi platform built on Alkanes that combines programmable Bitcoin, stablecoin liquidity, AMM swaps, and vault strategies in one ecosystem. It also has Subfrost Rewards, which extend this stack through $FIRE incentives for DIESEL/frBTC liquidity and $FUEL farming through PERMAFROST.
The platform has two main reward systems: $FIRE rewards for DIESEL/frBTC liquidity providers and $FUEL airdrop farming. The $FIRE rewards allow users to stake LP in the FIRE Vault, earn $FIRE permanently, or deposit $FIRE into the cFIRE vault. Meanwhile, the $FUEL airdrop farming converts frBTC/frUSD liquidity positions into cBTCUSD, which can be farmed for $FUEL.
The two systems are separate, with $FIRE rewards centered on DIESEL/frBTC liquidity and PERMAFROST distributing $FUEL around the frBTC/frUSD Bitcoin-dollar market. However, Subfrost warns that users should be cautious and verify the latest status before depositing due to some security concerns.