Sikka Announces Public Testnet & Gamification Campaign
Introducing Sikka
Sikka is a revolutionary stable asset built on the polygon network that provides competitive yield generation innovations through stable asset over-collateralization and liquid staking. Through Sikka protocol’s lending service, users can borrow the Polygon stable asset SIKKA by providing overcollateralized liquid staking assets in the form of MATIC. It takes advantage of liquid staking to provide sustainable yields over 10% that can be multiplied by using SIKKA’s derivate tokens in other external DeFi protocols.
Launch of Our Public Testnet
Sikka announced today the launch of our Public Testnet App, a live testnet version of the Sikka protocol on our website with features including borrowing, lending, APR calculations, and IKKA rewards. This launch brings us one step closer to bringing our Polygon over-collateralized stable asset to life.
Within the testnet app, you can learn the mechanics of over-collateralization and stable asset borrowing without having to risk losing your money in the process. Start testing SIKKA today!