Introducing Cedro Finance Testnet 1.0

Cedro Labs
2 min readNov 29, 2022

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Cedro Finance is an Omnichain liquidity protocol where users can lend and borrow assets across multiple chains. This increases capital efficiency and hence provides better market rates.

For the past few months, our team at Cedro Finance has been working day and night to ensure the smooth development of this protocol. We are introducing numerous innovative features. So it was, and still is, a challenge to develop with no reference. However, we have some good news. The first version of Cedro Finance’s testnet is already live on our website.

Where is the guide to using Testnet?

You will find the guide to perform all transaction types i.e. Deposit, Borrow, Repay, and Withdraw on our Docs page.

Incentives for Testnet

As a part of our Testnet Launch, we are hosting a few competitions. This competition is a part of our effort to get user feedback and improve the protocol.

  • Earn XP by completing the given quests on our Crew3 page.
  • Top Ten users in Zealy will be rewarded with $25 each.
  • Ten users with the most valuable feedback will be rewarded $25 each.

How does it work?

Testing Quest:

  1. Go to https://app.cedro.finance and perform all the transaction types i.e. Deposit, Borrow, Repay, Withdraw. The guide on how to do them is in our Docs.
  2. After that, Go to the Transaction History tab from Dashboard.

3. Then, take a screenshot of the page and post it at: https://cedrofinance.crew3.xyz/questboard/9f8da5c4-caee-468a-b5db-06686247b21d

That’s all. You’ll hear from us soon.

Feedback Quest:

For This quest, please use our protocol and share your feedback on the feedbacks channel in our Discord server. You can join the server using this link: https://discord.gg/R2KmG7bSEm.

That’s all. You’ll hear from us soon.

We are really excited to bring this testnet to the community. The feedback we get from the community will play a huge role in shaping our protocol in the coming days.

Join our Twitter, Discord, and Telegram community for the latest updates.

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Cedro Labs

An Omnichain Liquidity Layer. Lending & Borrowing across chains made easier, faster, and safer.