🔎 What is Narwhal Finance?
Narwhal Finance is a revolutionary decentralized social trading platform that brings together the worlds of decentralized finance (DeFi) and social trading. With its cutting-edge vault system, users can effortlessly follow the strategies of expert traders or lead the way with their own trading strategies. Narwhal offers a unique copy trading feature that allows users to mirror the trades of top traders, enhancing transparency and providing opportunities for learning and profit. With a focus on real yield and a pioneering vault design, Narwhal ensures low-risk solutions for earning yield. Its next-gen trading engine enables trading of various asset types, and a vibrant community keeps users engaged and connected. Narwhal aims to redefine the trading experience and empower users of all levels.
Narwhal Finance launched their testnet launch on 19th June, 2023. Be the first one to try their testnet and get incentivized upon their launch.
📌Steps to participate in the potential airdrop:-
Step 1:- Add the network and claim the faucet.
- Connect Metamask to Arbitrum Goerli Chain.
Go to https://goerli.arbiscan.io/ and click the “Add Arbitrum One Test Network” button in the bottom right corner of the page.
- Get test ETH and bridge it to Arbitrum Network by going to https://bridge.arbitrum.io
- Get USDT Tokens
Go to https://testnet.narwhal.finance/ check the Trade page, and click the “Get 10,000 USDT” on the right column to acquire USDT test tokens.
- Get NAR Tokens.
Use the acquired 10,000 USDT Test Tokens to purchase NAR Test Tokens by clicking the “BUY” button in the NAR Pool under the Staking Page.
Step 2:- Make a Trade.
Open a Trade
- Select Trading Pair
- Select order type
- Enter parameters
- Submit Order
- Confirm the transaction in Metamask
Close a Trade
Close your position in anyways:
- TP/SL
- Click the close position on the right-hand side of open trade and confirm the transaction in Metamask.
Step 3:- Stake your tokens.
NLP Pool
Stake NLP
- Enter the desired amount of USDT you want to use to mint NLP
- Click “Stake” to mint and stake NLP
- Confirm the transaction in MetaMask
- Start earning esNAR
Convert esNAR to NAR
- Claim esNAR from the Staking section
- Deposit esNAR to the Conversion section
*To convert esNAR to NAR, you must reserve a proportionate amount of NLP tokens that were used to earn the esNAR rewards in the NLP Pool.
NAR Pool
Stake NAR
- Stake NAR
- Earn esNAR
Convert esNAR to NAR
- Claim esNAR from the Staking section
- Deposit esNAR to the Conversion section
*To convert esNAR to NAR, you must reserve a proportionate amount of NAR tokens that were used to earn the esNAR rewards in the NAR Pool.
Create a Referral Code
- Select “Get Referral Code”
Use A Referral Code
- Select “My Referrer”
- Enter “451” as the referral code
Step 4:- Testnet Bug Bounty Program(Optional)
Narwhal Finance introduces Bug Bounty Program, offering up to $50,000 in rewards for identifying platform bugs. Enhance user safety and experience by participating in the program.
Learn more at https://bit.ly/NarwhalBugBounty.
Join Narwhal Finance and revolutionize your trading experience with decentralized social trading, cutting-edge features, and a vibrant community of traders. Take your trading to new heights with Narwhal Finance today!
Narwhal Finance’s social links — Website | Twitter | Discord | Blog
You can also refer to video tutorials for reference: Video Link
Now wait for more updates from Narwhal Finance. Be sure to join us on Telegram to remain updated with Narwhal Finance airdrop.
Disclaimer: This blog is for informational purposes only. Participation doesn’t guarantee you airdrop. There is no partnership between Chingari/Gari Network and Narwhal Finance.
💬 Join 170M+ combined creator economy👇
You’ll find all the official links within this link — https://linktr.ee/garinetwork
