Odysphere is pioneering decentralized finance (DeFi) on the Dymension ecosystem. At the heart of our innovation is OUSD, a native stablecoin that enables users to access liquidity through our borrowing mechanism. By introducing OUSD, they provide Dymension users with a powerful financial tool to maximize the utility of their DYM tokens.
Ready to experience the future of lending on Dymension? Odysphere’s testnet is live, introducing the first modular stablecoin protocol that lets you borrow OUSD using DYM as collateral. And we as tokenhunters are joining in shaping this groundbreaking protocol and be part of DeFi’s evolution on Dymension. We do this by interactions to become eligible for the confirmed airdrop.
Step by Step Guide
Getting started
– Visit: https://testnet.odysphere.io/borrow
– Connect your EVM wallet.
– Add the testnet and switch.
The faucet
– Click the faucet tab, or visit: https://discord.com/invite/pTRsAnHa3y
– Join the discord server and pass verification.
– Visit the faucet channel: https://discordapp.com/channels/1307004715942285342/1320710740163821668
– Write: $request (your-evm-wallet-here)
– So copy: $request and paste your evm wallet behind it with a space in between.
– Everyday you can claim 10 $DYM & 0.5 $ODY (testnet funds)
Deposit
– Go back to: https://testnet.odysphere.io/borrow
– Click the transfer/deposit button in the right top corner.
– We sent 10 DYM from Dymension testnet to Odyshere testnet.
– Submit and sign the transactions.
– If you are facing issues with connecting wallet while deposit/withdraw (bridging assets)
– Connect wallet to: https://testnet.dymension.xyz/rollapps/odysphere_654689-1/dashboard
– Then come back on odysphere, refresh the page and then try deposit/withdraw.
Swapping
– Visit: https://testnet.odysphere.io/swap
– Choose a pair and swap.
– We recommend to make more than 5 transactions on a weekly basis.
– The more transactions, the better!
Staking
– Time to stake, visit: https://testnet.odysphere.io/earn
– Click the deposit button.
– Choose an amount and continue.
– Sign the transactions.
Borrow
– Next we visit: https://testnet.odysphere.io/borrow
– Deposit DYM in the vault to borrow, OUSD.
– Once you have OUSD, withdraw a small amount.
– Add a little DYM every week!
That’s all for now. We hope you find value in this guide.
Share this information with your friends on X or Tokenhunters Social and become eligible together! Make sure to follow us on twitter and hit that notification button!
Looking for more airdrops?
Don’t look further then the TokenHunters Airdrop Library!
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