Phezzan testnet guide
Phezzan Protocol is a DEX on Terra for trading perpetual contracts while earning interests. It works in 3 simple steps:
- You, the future customers of Phezzan, put staked or saving assets like aUST as collateral for perpetual contracts trading;
- You trade as usual, and when you close your positions, the protocol will return your collateral back;
- You are earning interest generated by your collateral during the trade.
Preparing for testnet
Create a new account in your Metamask, this is recommended by the Phezzan team.
Switch Metamask to the Rinkeby Test Network. It goes by default in your metamask.
We request test ETH in the Rinkeby network using the link.
Start of testing
Connect your Metamask on the website
Press Claim aUST & sign the transaction.
Ass aUST to Metamask, to do this click "Token import" & paste address:
0x5689C8c064aA6D3e05c2BB94219d09C49c53eAA2
Set Long, enter an amount & Confirm Long.
Then click Close Position. If the transaction fails, increase the slippage to 2%.
Switch to Pools, select Luna & click Add Liquidity.
Enter an amount & click Add Liquidity.
The described actions can be done with ETH and BTC.
Go to the Discord channel & pass verification. In the #start-here thread, answer questions to get access to the #testnet-feedback thread. After the #testnet-feedback thread appears, we leave a review.