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Loading...HyperLend is a revolutionary digital asset lending platform that aims to enhance efficiency in lending and borrowing cryptocurrencies. They use Hyperliquid’s EVM Blockchain to perform financial services with maximum security, transparency, and liquidity.
Hyperliquid’s L1 chain is optimized for high performance, with block latency of under one second and support for up to 100,000 orders per second, ensuring fast and efficient operations.
Their goal is to democratize access to financial resources and further strengthen the Hyperliquid ecosystem, offering compatibility with other DeFi platforms. They have created an infrastructure that enables us to capture almost any type of coin with the right risk parameters, ensuring flexibility and broad asset support for our users.
Hyperlend launched the public testnet of their platform, let’s dive in and position ourselves for the confirmed HLX token airdrop for testnet users.
Step by Step Guide
Faucet
– On the left side you will find a menu.
– Click the faucet button.
– Meta mask will open.
– You don’t have any gass so reject the transaction.
– Now, wait Hyperlend will depost 0.1 ETH.
Supply
– Visit: https://testnet.hyperlend.finance/markets
– Click the supply button from ETH.
– Supply betweet 25% / 50% of your balance.
– Complete the transaction.
Borrow
– Stay of the same page.
– Now click the borrow button to borrow ETH.
– Choose between 50% / 75%.
– Complete the transactions.
Repay
– Visit: https://testnet.hyperlend.finance/dashboard
– Scroll down, and click the repay button in the borrow section.
– Choose 50% and complete the repay button.
– Approve & Sign the transactions.
What’s next?
– Make sure to repeat the cycle multiple times a week.
– This will create more transactions.
– Once new features and activities go live, we will update this guide.
That’s all for now. We hope you find value in this guide.
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waiting for faucet eth to continue, looks ok
кулл
Thanks.