Aeroscraper: A Guide to Xion Testnet
Aeroscraper is a decentralized lending-borrowing protocol that offers an interest-free, over-collateralized stable coin and DeFi loans, built specifically to be user-centric.
Aeroscraper is a fully automated and governance-free decentralized protocol designed to allow unauthorized lending and borrowing for users.
Aeroscraper allows users to deposit collateral and get loans in stablecoins pegged to US dollars. Aeroscraper has a 0% interest rate that charges users a one-time fee, instead of a variable interest rate for taking out loans.
How to use the protocol?
1- Visit the Aeroscraper Testnet Website.
https://xion.aeroscrapertest.tech/
2- Connect Your Wallet.
3- Get Your Testnet Tokens from the Faucet.
4- Create your Trove and borrow aUSD.
5- Deposit your borrowed aUSD to the Stability Pool.
6- You can withdraw your deposited aUSD from stability pool.
7- Claim your Rewards when it is available.
8- You can manage your collaterals at Trove and repay your debt.
A Video Guide:
