We are thrilled to announce the dForce Lending & Synthetic Assets Protocol will be pre-launching on Kovan testnet at 10am on April 28, 2021 (UTC+8). To celebrate, we are holding an event to give participants an opportunity to win DF & dForce Genesis NFTs!
What is dForce Lending & Synthetic Assets Protocol?
The first attempt in DeFi that brings the best out of general lending, native stablecoin and synthetic assets. All the collaterals supported in the General pool are deposited into dForce Lending to earn interest. With yield-on collaterals and DF farming rewards, users can mint stablecoins denominated in multiple currencies and other synthetic assets at minimal cost.
We have also created liquidity pools for our stablecoins and synthetic assets on Uniswap (Koven testnet of ETH) for traders to profit from price arbitrage.
Click here to read more about dForce Lending & Synthetic Assets Protocol.
How do I Participate?
The testnet is deployed to kovan（Ethereum）and is open to all who are interested.
dForce Beta Testnet Incentive Program
The Beta testnet is the final testing phase of the dForce Lending & Synthetic Assets Protocol prior to launch. To achieve higher participation during Beta testnet, dForce is organizing a number of events, competitions, and challenges to actively test critical components of the dForce Lending & Synthetic Assets Protocol.
Beta Testnet Period: 10am April 28 to 10am May 11, 2021 (UTC+8)
Claim faucet ETH: https://faucet.kovan.network/ 10
Claim faucet Coins: Apply through Discord
Rewards: DF token or dForce Genesis NFT
Click here for details of dForce Beta testnet incentive programs.
Tutorials
How to supply assets to earn saving yield?
How to borrow assets from dForce?
How to repay your loans?
[How to mint dForce synthetic assets against main asset collaterals?](https://forum.dforce.network/t/how-to-mint-synthetic-assets-in-dforce-lending-main-assets-as-collateral-in-general-pool/372)
How to mint dForce synthetic assets against synths collaterals?
How to mint dForce mimic-stock synths?
How to trade dForce synthetic assets?
How to burn dForce synthetic assets?
How to provide liquidity for dForce synthetic assets?
We welcome you to join our community to participate in related discussions:
dForce Official Website: https://dforce.network/
dForce Forum: https://forum.dforce.network/
Twitter: https://twitter.com/dForcenet
Telegram: https://t.me/dforcenet
Medium: https://medium.com/dforcenet