Malda (@mendifinance) X RiscZero Testnet

🪙Cost: $0
⏰Time: 10 mins

Malda Finance is a unified liquidity lending protocol, that allows users to supply, lend and borrow without having to switch chains.
At the backend, it's security is ensured by zkProofs.

Remember RiscZero has raised $52m in funding, this might just be a RiscZero play too.

Unified Lending without Limits.

Break free: http://malda.xyz

📍Testnet Steps
1. Get Linea, Optimism and Ethereum Sepolia for gas
- alchemy.com/faucets/ethereum-sepolia
- faucet.quicknode.com/ethereum/sepolia
- cloud.google.com/application/web3/faucet/ethereum/sepolia
OR 
- swap from one test ETH to the others on testnets.superbridge.app

2. Claim USDC and wstETH Faucets on Malda
- testnet.malda.xyz/faucet
- requires test ETH from Step 1
- you can claim repeatedly till you reach claim limit

3. Supply Assets
- go to testnet.malda.xyz
- under supply select USDC and supply
- select wstETH and supply
- at the top of the page you'll see your supplied assets click the slider and sign the txn to enable them as collateral 

4. Borrow Assets
- on the homepage select USDC under borrow
- choose the destination chain and borrow
- select wstETH and repeat the same process
- you can borrow USDC and wstETH on all 3 chains

⬇️ ⬇️ ⬇️

navigating the crypto space to profitability

5. Repay Assets
- click USDC under Supply or Borrow
- go to the Repay tab
- select the source chain and how much you want to repay (you can choose to repay from multiple chains at once)
- repay your borrows and repeat for wstETH

6. Withdraw Assets
- click USDC under Supply or Borrow
- go to withdraw tab
- withdraw some USDC 
- repeat for wstETH

7. Testnet feedback
- Join their discord (discord.gg/B6qCB9NB) and drop feedback on the testnet in the Malda-testnet channel
- Make a tweet about your testnet experience

8. Complete their galxe task which just highlights everything we've done
- app.galxe.com/quest/malda/GCaCHtpLPe
(Ends in 3 days)

9. Mint Mirror NFT, it just requires gas fee
- mirror.xyz/0x4Da818DD3aAfb9D042a76B5037cdBa61533C7692/jzl9m7iSWPf0c-hsQwbjWLdhk5DiFk6LhfPCXOknu8w 

NOTE: some tasks may not be recognised on galxe, retry them again or check back later