IPOR TestNet & Bounty Guide - Potential Airdrop.

Whats IPOR?

IPOR refers to a set of protocols, smart contracts, and software that forms a set of Decentralized Applications (DApps) for Decentralized Finance (DeFi) focused on interest rate derivatives. First, the IPOR rates are meant to be a public good.

Why is it matter?

Speculators are able to long/short interest rates. With IPOR Interest Rate Derivatives this will be possible with leverage. Through the use of interest rate derivatives the trader is able to capture a risk free arbitrage between two stablecoins.

IPOR is a composite of the interest rates from multiple credit market. if u want to hedge your loans & cover basis risk you would need to distribute your loans between multiple markets to closely follow the IPOR Or alternatively use products that use IPOR as an interest rate.

IPOR Manifesto If interested and wish to undertand better the purpose and ethos of the IPOR protocol, Read Below https://ipor.io/manifesto

Token The IPOR token is the protocol's native token issued to the parties involved with the project: builders, investors, protocol users, and the like. It's an ERC20 token issued on L1 Ethereum with a Total supply of 100M. Since they believe in DAO you can expect an Airdrop

TESTNET

If you read the message from the administrator of the project in discord about the remuneration for testnet is good, make your own decision, whether you want to spend 10 minutes of your time on testnet, just in case I will give you a guide to use, roll on!

=1= Connect your wallet ( Goerli Test Network) - https://goerli.ipor.io/

=2= Use the faucet to get test tokens

=3= Make a "SWAP" of each existing coin

=4= Make a "DEPOSIT" of each existing coin

=5= Check your Portfolio

DONE

The project has already been launched on Mainnet, so you can do all the same actions on the Mainnet!

https://app.ipor.io

Please note that THIS IS NOT A FINANCIAL ADVICE AND WE WILL NOT BE LIABLE FOR YOUR FUNDS IF THEY ARE LOST!

In crypto enthusiasts, that sounds like - D.Y.O.R.

FEEDBACK

Write your opinion about how you liked or disliked the product, what you would like to improve or improve. Be sure to point out any errors in the work if you find any - it is well rewarded.
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How do I join the bounty?

If you have any questions, post in our chats! Good luck bounty hunters!