Loading...Toby is leading the development of the first Open-MEV (Maximal Extractable Value) network on the Solana blockchain. Through advanced MEV extraction and distribution methods, Toby seeks to establish a more efficient and equitable staking experience across the Solana ecosystem.
The project’s standout approach democratizes MEV benefits, which have historically been available only to a select group of sophisticated participants. By opening MEV opportunities to all stakeholders, Toby aims to boost the overall efficiency and fairness of the Solana network, while maximizing returns for participants in liquid staking.
Although not officially confirmed, Toby has hinted at the possibility of an airdrop for early supporters and testnet participants. With mentions of a points program and governance token, there are indications that early adopters and active community members could be rewarded for their involvement in the forthcoming testnet.
Previously we shared a form in which you had to submit your wallet. Now it’s time for the next step, let’s dive into our guide!
Step by Step Guide
Getting started
– For this guide you need a solana wallet.
– Since we needed to submit our wallet earlier, we asume you have one!
– If not, download here: https://phantom.app/
– Make sure you put your wallet on Solana testnet!
– Settings > Developer Settings > Testnet mode > Click the “Solana” option > Change from Devnet to Testnet.
Onboarding
– Visit: https://testnet.toby.foundation/onboarding
– First you have to connect your wallet.
– Complete the social tasks, to continue.
– Click on next and submit your email.
Faucet
– We need more than 2 Test SOL, let’s claim on multiple faucets.
– Faucet 1: https://solfaucet.com/
– Faucet 2: https://faucet.solana.com/
– Faucet 3: https://faucet.quicknode.com/solana/testnet
Stake
– Go back to: https://testnet.toby.foundation/
– Time to stake test SOL.
– Stake a least 2 SOL (we recommend more)
– Sign the transaction, and wait for the confirmation.
– If you have more test SOL, try to make more stake transactions.
Unstake
– Click the unstake tab.
– Now we are going to unstake 1 SOL.
– Click the unstake button and sign the transaction.
– The unstaking works on Epochs, so when you get an error, don’t worry, just come back later to unstake!
– Try to use both stake / unstake options often to create more transaction volume.
Exploring the platform
– On the left side of the screen you find the menu.
– When clicking on the dashboard, you will find an overview of your current deposit.
– We also see many other tabs, which are currently not available.
– This indicates, that we need to update this guide later, come back later!
Feedback or Bugs
– If you encountered bugs or have feedback to improve, take a Screenshot and report it in our Discord >> testnet-feedbacks channel.
– Join the Discord here: http://discord.gg/toby
That’s all for now. We hope you find value in this guide.
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