Getting Started
1) Go to https://app.leapfi.io/
connect to your MetaMask wallet and switch to LeapFi testnet.
2) Click “Claim Test USDC” to claim $100 USDC and 0.1WETH for gas(transaction) fees
When claiming, retweet the tweet and paste the URL to receive the token.
Step 1
Decide your strategies based on market opinions. Alpha testnet initial launch A series of strategies, other strategies are coming soon.
You can also refer to Step 2 to evaluate strategies based on their winning rate, profitability, and potential loss. Step 3 introduces tools that can assist you in entry and exit optimization for investing.
Step 2
1) After choosing a strategy, it will take you to the trading interface. We have provided suggested price ranges and visualized profit and loss curves. You can freely adjust the upper and lower ranges to modify the price range, and get the changes in fee income and APY.
2) Your position can be combined with newly added AS to form the A strategy. You can also compare the profits and losses with previously opened positions.
3) For the AL position, you can increase the leverage to enhance profit efficiency. When you use the leverage slider, a portion of the funds will be used to hedge the ratio of LP’s downside risk.
Step 3
Click on "open" to confirm the information for this position. Start by approving USDC and confirming the position. Once successful, you will be able to view the position details.
FAQ
Q1: What is the LeapFi Testnet?
A: The LeapFi Testnet is a testing environment for LeapFi. It replicates the conditions of our mainnet, allowing users to test transactions and smart contracts without using real assets.
While exploring our testnet, you can experiment with a range of features, including:
- Simulator: Load and manage opened positions to see combined profit and loss curve.
- Derivio Flexibility: You have the freedom to use different Derivios and combine them freely to test different strategies.
- Auto Swap USDC: Test opening positions with our Auto Swap feature using test USDC. This provides a realistic experience of how transactions would occur on the mainnet.
Q2: Do I need real assets to use the LeapFi Testnet and how can I get testnet tokens?
A: No, you don't need real assets to use the testnet. Instead, we provide test USDC. These tokens have no real-world value and are provided for testing purposes only.
You can obtain these testnet tokens from our faucet by by clicking “Claim Test USDC” to claim $100 USDC and 0.1WETH for gas(transaction) fees. When claiming, retweet the tweet and paste the URL to receive the token.
Please note, these test tokens do not have a usage expiration, meaning you can use them throughout your testing period without worrying about them expiring or being withdrawn.
Q3: What should I do if I encounter a bug or an error?
A: If you encounter a bug or an error while using the testnet, please report it via our Bug Bounty Program. Your contributions help us improve the network for all users.
Q4: What should I do if I encounter an error when switching accounts or networks on Metamask during my testnet experience?
A: If you encounter this issue, don't panic. This is a known behavior as Metamask may not immediately recognize the forked testnet. To resolve this, follow these steps:
- Go to your Metamask settings.
- Navigate to "Advanced".
- Select "Clear activity and nonce data".
This should help to resolve any issues related to switching accounts or networks. If you continue to face problems, please report the issue to us.
Q5: Is the testnet secure and what are its limitations?
A: The testnet, while designed for security, is a testing environment with possible undiscovered vulnerabilities. It's important to note that while the testnet simulates mainnet conditions, it may not reflect the complexity of the real-world network. We're also planning a future security audit to enhance safety measures.