How to drink ‘Champagne’
Hello Cosmonauts! In around an hour, our testnet Champagne will be open! So, this post covers the way ‘How to use our testnet’.
Warm-up
- Enter https://testnet.supernovaprotocol.xyz. Be sure to get into Chrome. Connect nova testnet chain to Keplr via Connect wallet button.
2. Check your NOVA wallet address and enter http://faucet.dev-supernova.xyz/ and get $NOVA, $ATOM, $OSMO, $JUNO whatever you want. Be aware, you can only claim the faucet once in 24 hours due to the DDOS attacks. If you need more tokens for the test, feel free to ask in our Discord.
3. Fill in the blank with the Nova address and receive the desired asset. Don’t forget to receive $NOVA for the transaction.
Stake/Unstake
- Now, as we are primarily liquid staking protocol, we should check the ‘Stake’ stuffs. You can stake as much as you want with the quantity you have.
2. If you input more quantity than you have, it will automatically set to max. You can get the snAtom according to the current staking ratio. (Please refer to the white paper if you want to know about the ratio)
3. After a certain period of time(It takes 70s for the testnet), you can claim your snAtoms. This time is for the lazy minting process.
4. Next, you can unstake your snAssets also on Unstake tab.
5. After the unbonding period + bacth period(It would take 600s for this testnet), you can claim your claimable Atoms at the claim tab. You can check the receiving details also.
6. After the promised time, you can claim your Atom according to the ratio.
Swap/Liqudity
- There is one more way to withdraw your liquidity. Swap is the way. Do as many swaps as you like. You can see if the max or half works properly also. At testnet and Genesis, our swap logic will follows the CPMM model until the staked swap has been completed.
2. Not only you can do is swap, but you can also add the liquidity to the pools. You can get commission from the swap fees.
3. You can check your status such as amount, share of the pool, APR at the liqudity tab.
4. You can also remove your liqudity as you want.
This is the end of user flow for our testnet. If you find any bug, or have a question, feel free to ask at the discord! We will always be there with the kind mind :)
Disclaimer: This post is for informational purposes only, and the author will not be liable for the consequences arising from any investment or legal decision based on information contained in this post. Nothing contained in this post suggests or recommends investing in any particular asset. Making any decisions based only on the information or content of this post is NOT advised.