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
First, convert SFI to wSFI (wrapped SFI):
Visit the Swap page: https://singularityfinance.ai/swap.
Exchange your SFI for wSFI.
Once you have wSFI, head to the Staking section:
Choose the amount and duration of your stake.
View details such as APR, staked tokens, and claimable rewards.
Manage your staking actions:
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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