Kyoko Testnet Guide

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Whitelist Media EN
Published in
5 min readSep 6, 2022

Kyoko. Finance is a DAO-to-DAO credit provider, P2P NFT lending platform, and cross-chain GameFi NFT lending market for guilds and players.

Kyoko offers a one-stop platform that provides liquidity to the Web3 and GameFi industries. Through its DAO-to-DAO lending, Kyoko provides DAOs and Guilds with the liquidity they require to maintain operations while also allowing them to stake their onhand resources as collateral for larger credit loans. Kyoko also bridges high-potential DAOs and Guilds with the industry connections and resources they need to grow.

Investors: Infinity Ventures, Animoca Brands, YGG Sea, Aten Club, Axia8 Ventures, NGC Ventures, Breeder DAO & others.

Rewards: 350,000 $KYOKO will be distributed for meeting Testnet conditions. 10,000 $KYOKO are rewards for finding bugs and bugs (will be paid in tokens or a combination of stables + tokens, depending on the decision of the Kyoko development team).

Start of testing

Claim test Rinkeby ETH on the website & test BNB here. Then connect your MetaMask on the website by clicking Launch App.

Go to Join Test.

You’ll see two tokens to mint:
ERC721 — NFT & ERC20 — use them for NFT lending.

Then we choose an NFT contract. You’ll see 2:
KyotoBToken — Binance Smart Chain Testnet & Uniswap V3 Positions — Rinkeby Test Network.

Select KyotoBToken & click Mint ERC721, then approve.

Next, click Mint ERC20 & approve.

Next, select Uniswap V3 Positions & click Mint ERC721 again.

Requesting a loan. To do this, click Apply.
Great, we’ve tested NFT loans using credit, not wallet balance (ERC20 tokens).

Let’s place our NFT asset now.
To do this, go to the Accounts tab, the My NFTs section and switch to Leisure. Here we see our NFT on the BSC network.

Click on our NFT and make your offer in the tab that opens.

Set the daily price, period, and cost and click Lend. Next, click Yes and confirm the transaction.

If everything is done correctly, then in the My NFTs section, in the Current tab, the NFT that we offer will be displayed.

We are making adjustments to our NFT.
Also, we can remove it from the current position. To do this, click on our NFT and then the Edit section.
Also, we can remove it from the current position by clicking Withdraw. And after clicking Edit, we change any values and click Update.

Next, we switch our metamask to the Rinkeby Test Network and do the same operations as described above!

Once completed, our 2 NFTs will be displayed in the Current tab.

Go to the Market tab. Select the game (we chose Uniswap V3).

Click on it, and we will see a list of assets we can borrow. Select an asset with the Open mark (free asset).

Click on a free asset and click Borrow to borrow an asset. Then sign transactions.

Now we need to pay off our NFT loan.
To do this, go to the Account tab and see our NFT, which we have taken. It will have Borrowed written on it.

Go to our borrowed NFT and return the loan by pressing the Repay button. Then confirm transactions.

We’ll see our NFT in Account — MyOrder — Pending.

Also, we can withdraw the frozen token now or later by clicking on the WithdrawToken button and confirm the transactions.

Next, we have to withdraw the percentage for the lease of our NFT, which we created at the very beginning.
While we were doing a testnet, a good person rented our NFT 💥

To withdraw interest on rent after the borrower returns the NFT, we need to go to My Orders — Pending and see the Withdraw Interest button.
Press and release.

That’s all!

If you found a bug, go to the Discord channel & leave feedback in #dev-support.

For announcements, follow Twitter.

WhiteList Official | Chat | Twitter | OTC

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