We’re incredibly excited to roll out the first version of the Divvy Testnet over the next week.
How can I access the testnet?
To receive testnet access, please submit your wallet via the following form: https://forms.gle/J3kzy4SPwo1Rrq4JA.
Once submitted, you’ ll receive the Beta Role on discord and have access to the Testoors channel. Each participant will be airdropped 100 test DIV and 100 USDC on rinkby.
You’ll be able to access the testnet version of the dapp at https://testnet.divvy.gg.
How do I use the Dapp?
Once you have the Beta role and are airdropped your test tokens, navigate to https://testnet.divvy.gg.
Trade
In the trade section, you’ll be able to open up a perpetual futures position, with up to 30x leverage. You’ll be able to go long and short on any of the supported assets. You can also make regular swaps with low-slippage. Both options support limit and market orders.
Earn (Stake DIV or DAT)
In the earn section, you’ll be able to stake your DIV and DAT as well as track and manage your earnings. For each supported network, trading fees will be paid out in the native token of each network. Staking rewards will consist of these trading fees, escrowed DIV (eDIV), as well as reward Multiplier points. Escrowed DIV is DIV that can be converted to DIV over time through vesting. eDIV is also stakeable and provides the same benefits as staking DIV.
Supply Liquidity (Buy DAT)
Buying DAT is equivalent to supplying liquidity. DAT is simply an index token that represents the tokenized value of the lp you’ve provided.
In the Buy section, you’ll be able to supply liquidity by navigating to the Buy DAT tab and depositing any of the supported assets, including stablecoins. This mints DAT.
To remove the liquidity you’ve provided, simply enter the amount of DAT you’d like to sell and select the output currency. When you sell, this burns the DAT and redeems it for the output asset you’ve selected.
The price for minting and redemption is calculated based on the total value of all assets supplied as liquidity including profits and losses of open positions divided by the total supply of DAT.
Referrals
In the referral section, you’ll be able to generate a unique referral code. When you share this link with others, they’ll receive discounted trading fees, and you’ll receive a 5% commission rebated based on the volume traded.
Stats
In the stats section, you’ll be able to view a breakdown of liquidity on each network, positions, volume and fees generated, and an overview of DIIV and the assets in the DAT index.
Presale
In the presale section, you’ll be able to swap pDIV purchased in the presale to DIV (1 pDIV = 1 DIV).
If you participated in the seed round, you’ll also be able to view a breakdown of your DIV allocation as it vests, including totals, # already received and # remaining.
How can I provide feedback?
After you’ve had the chance to play around with the testnet, to share any feedback you may have, please open a ticket on discord from the #beta-feedback channel. Please be sure to be as detailed as possible in your description and to attach any relevant screenshots.
WAGMI.
