Entangle Testnet V2 Guide - Step by Step.
Entangle envisions a barrier-free future where protocols on every chain are interconnected, reducing the inherent complexities of DeFi from a user and developer perspective.
To usher in a new generation of DeFi dApps, Entangle builds an interoperable cross-chain liquidity sub-layer with a custom oracle solution to power two native dApps: Synthetic Vaults & Entangle Stablecoin (EnUSD). In the primary dApp, Synthetic Vaults, Entangle employs Liquid Staking Derivatives to allow liquidity position assets on any chain to be accessible from any chain in one click.
Synthetic Vaults are 1:1 cross-chain replications of liquidity provision assets (i.e LPs as Synthetic LPs) which can be collateralized to borrow EnUSD (a fully collateralized TRPM based Stablecoin) or staked as collateral to derivative protocols for enhanced yield. In doing so, Entangle achieves capital efficiency for users whilst incentivizing sticky liquidity for protocols.
Supporting the Entangle dApps is a Custom Oracle Infrastructure validated on an Oracle-Centric Blockchain (DPoS Cosmos-SDK EVM Compatible) using the Tendermint algorithm to achieve consensus amongst Validators.
The Oracle solution can be also utilised by external dApps, offering competitive advantages such as usability on any chain, cost optimization through customization of parameters and possibilities of complex information processing.
The testnet starts on 05.02.2023 and is available to all addresses registered in the whitelist. Based on the information we found in discord, this testnet is rewarding! All participants who fulfill the conditions and give quality feedback will be rewarded. The number and timing is not yet known.
Verification and claiming test tokens
- Visit the website and connect your wallet;
- On the discord server, visit the #faucet-tokens channel, click “Verify” and you’ll get a notification from a bot;
Adding test networks
Network Name: ENT BSC Testnet
New RPC URL: https://nodes.test.entangle.fi/rpc/bsc
Chain ID: 56
Currency Symbol: BNB
Network Name: ENT Optimism Testnet
New RPC URL: https://nodes.test.entangle.fi/rpc/optimism
Chain ID: 10
Currency Symbol: ETH
Network Name: ENT Avalanche Testnet
New RPC URL: https://nodes.test.entangle.fi/rpc/avalanche
Chain ID: 43114
Currency Symbol: AVAX
Network Name: ENT Arbitrum Testnet
New RPC URL: https://nodes.test.entangle.fi/rpc/arbitrum
Chain ID: 42161
Currency Symbol: ETH
Network Name: ENT Fantom Testnet
New RPC URL: https://nodes.test.entangle.fi/rpc/fantom
Chain ID: 250
Currency Symbol: FTM
Network Name: ENT Polygon Testnet
New RPC URL: https://nodes.test.entangle.fi/rpc/polygon
Chain ID: 137
Currency Symbol: MATIC
Ethereum: 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48
BSC: 0x8AC76a51cc950d9822D68b83fE1Ad97B32Cd580d
Optimism: 0x7F5c764cBc14f9669B88837ca1490cCa17c31607
Avalanche: 0xB97EF9Ef8734C71904D8002F8b6Bc66Dd9c48a6E
Arbitrum: 0xFF970A61A04b1cA14834A43f5dE4533eBDDB5CC8
Fantom: 0x04068DA6C83AFCFA0e13ba15A6696662335D5B75
Polygon: 0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174
Exchange Liquid Vaults
Buying
- Go to the “Exchange” section and select a vault;
Selling
Staking
- Go to the “Stake” section and select a pool;
Unstaking
Transferring
- Go to the “Transfer” section;