Lena Network Testnet
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Table of Contents
Introduction
LENA, a decentralized peer-to-peer NFT liquidity protocol, is excited to announce a strategic investment from DWF Labs. This new partnership will bring together DWF Labs’ expertise in Web3 technologies with LENA’s innovative NFT solutions to unlock the full potential of the Web3 ecosystem.
🎁 Reward? Potential
Preparation
- Add RPC Mumbai Testnet
- Get MATIC Test Token
Mint NFT Pass
- Open lena testnet app
- Connect your wallet
- Go to “Mint” page
- Click “Mint” button
- Complete tasks
- Claim
Claim NFTs & WETH Faucet
- Go to faucet page
- Connect your wallet
- Choose NFT collection
- Click “Mint” & Confirm transaction
Recommended to mint all those NFTs collection as well because this NFT will be used as collateral later.
Deposit
- Open liquidity page
- Click “Deposit WETH”
- Set amount
- Approve & Confirm transaction
Once deposit completed you will see something like this. Now back to liquidity page.
Withdraw
- On liquidity page
- Click “Withdraw” button
- Set amount & Confirm transaction
Borrow
- Still on liquidity page
- Click “Borrows” button
- Now click “Borrow” button
in this example I will borrow WETH with Bored Ape Yacht Club as collateral.
- Set amount
- Click “Approve Debt Token”
- Confirm transaction
If complete, you will see something as image below.
Repay
- Return to borrow page
- Click Repay Loans
- Click Repay
- Set amount & Approve WETH
- Confirm transaction
Bid in Auction
- Go to this page
- Switch tab Loans in Auction
- Click any item (if available)
- Enter your Bid
That’s all, thanks for reading. Don’t forget to join our Telegram channel to get more update related with testnet I posted here.
😃 This article written by 0xjez.