Tapio Incentivized Testnet Launched

Published on: 29.06.2023
Tapio Incentivized Testnet Launched

Tapio Incentivized Testnet Launched! Tapio Finance is on Ethereum’s Goerli network and is live. The testnet will run for 30 days till July 26th 00:00 UTC. 

As a user, you’ll be able to complete a checklist of tasks, both on-chain and off-chain, and receive rewards, including eligibility for a $TAPIO airdrop once the token and governance go live on the Mainnet.

Security and resilience are the number 1 priority when it comes to building the middle layer for LST liquidity, and a testnet deployment is merely one avenue of ensuring we’re road-tested before going live on Mainnet.

As such, Tapio Finance will have the following features completely functional:

  • Mint tapETH: Deposit Goerli ETH, Goerli stETH or Goerli rETH into Tapio Finance’s pools, thereby minting tapETH in the process.
  • Swap: Easily swap between Goerli ETH, Goerli stETH or Goerli rETH with low slippage and excellent exchange rates.
  • Redeem tapETH: Redeem your tapETH for any combination of either Goerli ETH, Goerli stETH or Goerli rETH.
  • Claim Rewards: Claim your tapETH rewards, which consist of staking yield from the underlying LSTs, as well as swap and redemption fees generated by the protocol.

Heres how to join Tapio Finance Incentivized Testnet

On-Chain Tasks (check for completion once an hour):
  • Mint tapETH (Try to mint using a combination of assets for best results)
  • Redeem tapETH (Try to redeem multiple assets for best results)
  • Use the swap function (Only need to do this once, but allows you to swap between assets for minting/redemptions)
Off-Chain Tasks:
  • Follow @tapiofinance on Twitter
  • Like @tapiofinance’s Testnet Announcement Tweet
  • Retweet @tapiofinance’s Testnet Announcement Tweet
  • Join the Tapio Finance Discord Server
  • Join the Tapio Finance Telegram Group
Rewards

Once all tasks have been completed and validated within the Zealy Community Board, you’ll be able to claim the rewards – namely the Tapio OG NFT (done by claiming the NFT quest within Zealy and then sending the NFT to your Polygon wallet), which represents your commitment to Tapio Finance and participation in its testnet – and will be claimable within Zealy as a dedicated quest.

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