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Datweb3guy
@datweb3guy
Introducing @NitroFinance Testnet, now live on @monad_xyz What is Nitro Finance? Nitro Finance is a decentralized finance (DeFi) platform built on Monad, offering users a seamless trading and liquidity experience. How to Participate: 🟣 Connect Your Wallet: Head over to testapp.nitrofinance.xyz/pool to link your wallet. 🟣 Claim $Nit Token: Go to the Pool tab, click on the "Get NIT" button, sign the transaction, and receive 500 $NIT tokens. 🟣 Swap Tokens: Navigate to the Trade section. Exchange some $NIT for $MON or any other token you prefer. Enter the amount and approve the transaction. 🟣 Provide Liquidity: Click on the Liquidity Provision option. Select a pool (like NYAKI/WMON), manage your liquidity settings, and confirm your choices.
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Datweb3guy
@datweb3guy
🟣 Remove Liquidity: Access the Liquidity Position page. Choose the position you want to withdraw from, adjust your settings, and confirm the removal. 🟣 Borrow Tokens: Go to the Pool page and select a trading pair (e.g., MON/NYAKI). Click on Borrow, choose your collateral type (Bullish or Bearish where bullish means borrow MON using NYAKI as colleteral , bearish means borrow NYAKI using MON as colleteral ), enter the amount, and approve. 🟣 Repay Tokens: Visit the Debt Position page. Select the position you wish to repay, choose the repayment option, and confirm. ➡️Keep Testing! https://x.com/Datweb3guy/status/1893649299386360316?t=exhSLz30TcqtuT06WUtBGw&s=19 ENd!
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