Loading...Nebula is the DeFi hub of the Dymension ecosystem. Within the initial launch of Nebula RollApp, only liquid staking functionality will be available.
Nebula Finance is a RollApp which offers liquid staked DYM. By staking your DYM coins with Nebula, you will receive an on-chain equal to your DYM staking position called nDYM. Liquid staked DYM will be used to secure Dymension, and you will be able to utilize nDYM for various DeFi activities in near future.
Nebula is built on top of Dymension. You can liquid stake your DYM for nDYM. The DYM you staked will be delegated uniformly across Nebula’s validators through Nebula RollApp. Staking rewards will be automatically reflected on the dashboard.
The launched their testnet, so let´s dive in!
Step by Step Guide
Adding Nebula Chain
– Add network to metamask:
Network Name: NebulaFi
RPC URL: https://json-rpc.nebula.evm.ra.blumbus.noisnemyd.xyz
Chain ID: 1336831
Symbol: nbl
Explorer URL: https://bb.dym.fyi/r/dev-nebula
– Importing DYM Token on NebulaFi
– Copy Address: 0x80b5a32E4F032B2a058b4F29EC95EEfEEB87aDcd
– Click on import token within metamask
Receiving Testnet $DYM and $NBL
– Access the Faucet on Nebula dApp to receive testnet $DYM and testnet $NBL.
– Visit: https://nebulafi.xyz/faucet
– Connect MetaMask Wallet.
Note: MetaMask is currently the only supported wallet. Additional wallets will be supported before the mainnet launch.
Staking Testnet Tokens
– After requesting from the faucet, once tokens are received, click “Stake” or visit: https://nebulafi.xyz/stake
– Liquid Stake DYM.
– Stake testnet $DYM to receive nDYM in your wallet.
Important: Users can request assets from the faucet once every 24 hours. This will be scaled and upgraded over time.
– Importing nDYM Token, copy the adres below and add in metamask.
– Contract Address: 0x9d023Bf48F9F8E92B9Ec2Da4E39cb7a2CfE13710
– nDYM is the on-chain representation of your liquid staked DYM tokens.
That’s it !
You’ve participated in the initial phase of the Nebula testnet.
More details on further utilities of nDYM will be unveiled one by one in the following weeks, along with special roles.
Community
Don’t forget to follow and join the telegram & discord to participate in initial phase of testnet for special roles 👀
– Discord: https://discord.com/invite/AMjcew9TtZ
– Announcement Telegram: https://t.me/nebulafi
That’s all for now. We hope you find value in this guide.
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