Singularity Finance
  • Singularity Finance
  • Introduction
  • Background
    • Merger
  • Market Opportunity
    • Tokenise, Monetise and Decentralise the AI Economy
      • Hardware Layer
      • Platforms
      • Foundation Models and Knowledge Graphs
      • Model Hubs
      • Applications
      • Services
      • Data: Monetising Data Contributions
  • SFI Value Proposition
    • Dedicated Layer-2 for AI Economy
    • Core Pillars of the SFI L2
      • AI-Centric dApp
        • Singularity Rep Points
      • Tokenisation Framework
      • Identity Solutions
      • SFI Vaults
        • Architecture
        • Profit Framework
        • Operational Flow
        • Use Cases for SFI Vaults
        • Features
          • Strategies
          • Vault Management Dashboard
          • Risk Engine
          • Execution Engine
          • Fee Infrastructure
          • Governance
          • Router
          • Oracles
          • Zapper Framework
          • Keepers
      • Auxiliary Features
        • AI-Driven Market Making and Liquidity Provisioning
        • Prediction Markets
        • On/Off Ramps
    • Tokenised Data Centres
  • SFI L2
    • Introduction
    • L2 Architecture
      • Operational Model: Optimistic Rollups
      • Data
      • Sequencer
    • Core Features
      • Bridges
      • Indexers
      • Oracles
      • Relays
      • Verifiable Random Function (VRF)
      • Account Abstraction
      • Automation and Offchain Data Integration
  • LAunch
    • Testnet
      • Setup Guide
      • How to Participate in the SFI Testnet
      • FAQs
    • Mainnet
  • Tokenomics and Utility
    • Token Merge & Allocations
      • Allocation & Distribution
    • Token Utility
    • SFI Nodes
      • Details
    • Roadmap
    • Leadership Team
    • Conclusion
    • Appendix
  • Legal
    • SFI Token Terms & Conditions
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  1. LAunch
  2. Testnet

How to Participate in the SFI Testnet

3. Starting with the TestnetFollow these steps to start your journey on the SFI Testnet:Step 1: Log In with Your WalletConnect your wallet to the SFI Testnet. You’ll need this to interact with the network.Step 2: Get SFI TokensHead to the Faucet section.Request SFI tokens. You can claim tokens once per day.Note: SFI is the native token of our Layer-2 blockchain. It’s used for gas fees, similar to how ETH is used on Ethereum. Ensure you always have enough SFI. If you need more, ask our community for assistance.

Step 3: Perform Transactions

  • Use your SFI tokens to send funds to others on the network.

Step 4: Stake Your SFI

  1. First, convert SFI to wSFI (wrapped SFI):

    1. Visit the Swap page: https://singularityfinance.ai/swap.

    2. Exchange your SFI for wSFI.

  2. Once you have wSFI, head to the Staking section:

    1. Choose the amount and duration of your stake.

    2. View details such as APR, staked tokens, and claimable rewards.

  3. Manage your staking actions:

    1. Stake, unstake, or claim rewards at any time.

4. Earning Points

On-Chain Actions

Earn points for completing actions on the testnet, such as:

  • Staking, claiming and unstaking SFI

  • Bridging SFI

  • Using Swap

Social Actions

Earn additional points by completing social tasks. Check your Dashboard for details and progress tracking.

5. Stay Updated

We’re constantly adding new activities and projects to the testnet. Keep an eye on announcements for the latest updates.

  • Duration: The testnet will run for 3 months.

  • Upcoming Projects: More features and projects will go live during this period.

6. Support and Community

If you encounter any issues or have questions, reach out to our community for help. Our team and community members are always here to assist you.

Happy Testing! We’re excited to have you onboard the journey of Singularity Finance’s Layer-2 blockchain.

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Last updated 5 months ago