Testnet Tutorial
Last updated
Last updated
Access our testnet at: https://app.erd.xyz/.
A drop-down menu will appear in your metamask. On the menu, click on “Add network” at the bottom.
Click on “Add a network manually”, this will open a form where you can enter the details of the Goerli testnet.
In the form fill in the following details for the Goerli testnet:
Network Name: Enter “Goerli Testnet”
New RPC URL: Enter https://goerli.infura.io/v3/
Chain ID: Enter “5”
Symbol: Enter “GoerliETH”
Block explorer URL: https://goerli.etherscan.io
Click on “Save” to save the network.
After adding the Goerli testnet, it is listed in the network dropdown menu. Click on “Goerli Testnet” to switch your MetaMask wallet to this network.
For ETH test tokens, you can obtain them from:
https://goerli-faucet.pk910.de
https://faucet.quicknode.com/ethereum/goerli
Step 1: Click "Test" in the upper right corner to claim test tokens.
Step 2: Add these tokens to your Metamask wallet.
Step 1: Click "Mint" to see your USDE and collateral balances. Create your Trove here.
Step 2: Review Trove details, including Total Debt and Collateralization Ratio.
Step 1: Click "Mint" to view balances and adjust your Trove.
Step 2: Modify your collateralization ratio by adding or removing collateral.
Step 1: Click "Mint" and locate the close option for your Trove.
Step 2: Repay all borrowed USDE to close your Trove.
Step 1: Click "Deposit SP" to deposit USDE.
Step 1: Access "Deposit SP" and choose the withdraw option.
Step 2: Complete the withdrawal from the Stability Pool.
Step 1: Use "Deposit SP" to claim rewards.
Step 2: Collect your deposit rewards.
Step 1: Access "Liquidate" to view outstanding Troves, sorted by liquidation risk.
Step 2: Choose Troves for liquidation.
Step 1: Click "Redeem" to start the redemption process, remembering potential redemption fees.
Step 2: Specify the USDE amount for redemption and confirm.
Under "Statistics", view protocol metrics such as TVL and Total Collateral Ratio.
