Incentives for Testnet

@DAOAVAX
4 min readNov 30, 2022

-ALL early supporters will get OG role in discord who will get airdrops.

-Ten users, selected randomly, who complete the testing quest will be rewarded $20 each.

-Ten users with the most valuable feedback will be rewarded $25 each.

STEP-1 : Go to https://app.cedro.finance and perform all the transaction types i.e. Deposit, Borrow, Repay, Withdraw.

STEP-2 : connect your wallet.

STEP-3 : In the navigation bar, click on Get Test Token button to receive Cedro test tokens (assets to deposit) and Native test tokens (for gas).

STEP-4 : Go to the Market tab from the navigation bar, where you can choose the network and the asset you want to deposit. Click on the Detail button to learn more about the asset.

STEP-5 : On the asset detail page, click on the Supply button. You will be prompted to change the network to the network of the asset if you aren’t already connected.

STEP-6 : Enter the amount you want to supply and click on Supply.

STEP-7 : Go to the Market tab, choose the network and asset you want to borrow, and click on Detail button.

STEP-8 : Inside the Asset Detail page, click on the Borrow button.

STEP-9 : You need to switch the chain to the Root (Mumbai testnet) chain because Borrow, Withdraw, and Liquidate actions are performed in the Root chain.

STEP-10 : Enter the amount you want to borrow and click Borrow. Always keep an eye on your Health Factor.

STEP-11 : In the borrow list in Dashboard, look for the borrow position you want to repay and click Repay.

STEP-12 : Enter the amount you want to repay and click Repay.

STEP-13 : In the Collateral List in Dashboard, look for the supply position you want to withdraw and click Withdraw.

STEP-14 : Enter the amount you want to repay and click Repay.

STEP-15 : Feedback Quest

Discord link : https://discord.gg/R2KmG7bSEm

For This quest, please use our protocol and share your feedback on the feedbacks channel in our Discord server.

Earn XP by completing the given quests on our Crew3 page.

Fill form OG role : Click here

CED Token :
CED is the native utility token for Cedro Finance. It will be deployed on all the chains supported by the protocol. This token will be allocated to those who provide value to the protocol i.e. Lenders, Borrowers, and Stakers.

Project social handle : Twitter || Discord || Telegram

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