Motivate yourself to challenge the testnet task, here is the tutorial for you how to get faucet and join in the testnet. More info will announce soon~please stay tuned!
Here we go🏃♀️
X-Pawn introduction:https://xcarnival-lab.medium.com/x-pawn-nft-liquidity-solution-for-multi-chain-ecosystem-83d5d5f1a1cc
X-Pawn product test link：https://pawn.xcarnival.finance/pool
X-Pawn product suggestion collection pool：https://docs.google.com/forms/d/1s4-kc-J-y-E1IVjV30F7nYAqlz8-rS3QlO_cjATctX4/edit
Official：https://twitter.com/XCarnival_Lab
Product Introduction
X-Pawn is a platform based on NFT assets, innovative use of the pool model, and lending of value coins, in which users can participate as depositors or borrowers. Depositors provide liquidity such as ETH to the lending pool to earn interest and rewards, and receive liquidity incentives. Borrowers can use their NFT holdings as collateral to lend ETH, etc. to the lending pool.
I. Prepare before Testing：
A wallet address: mint test NFT; receive test ETH
When testing, please search in the wallet and switch to Rinkeby test network
1、How to get the test ETH
1、Open the URL https://faucets.chain.link/rinkeby link the wallet and then click to confirm. (You can receive multiple times)
2、How to mint test NFT
1、Open Rinkeby browser: https://rinkeby.etherscan.io/, respectively, enter the following NFT contract address of each series
（The following NFT only for the internal test of this product, no other value）
BoredApeYachtClub: 0xCFCCB90F756C9316619B2447A7206102A3a02F0C
Azuki: 0x5e82211E3eC016e203F398AcfEd6BF8FbA6685eB
Doodles: 0x0A2623Ae59f802cf097FB94609Ab6B62539D1eb6
Click search to see details
2、Select「Contract」->「Write Contract」->「Connect to Web3」，click to connect Metamask wallet
3、after the successful connection of the wallet, click the second item “batchMint” -> User box to enter the wallet address to receive NFT, Count box to enter the number of mint -> click “Write” -> click “Confirm” in the wallet, then NFT mint success
4、the above page click “View your transaction”, you can view the corresponding Token ID of the NFT you have minted
(As shown in the figure, you mint out 5 NFT, Token ID are: 19, 20, 21, 22, 23)
II. How to use X-Pawn products.
Open the URL：https://pawn.xcarnival.finance/pool
1、As a borrower
Step 1 . Check
Please follow the prompt pop-up window to connect Metamask wallet and switch to Rinkeby test network.
Select one of the NFT series pools, click “Borrow” and enter to check
Step 2 . Collateralize NFT to borrow coins
Click to select a specific NFT as collateral -> enter the borrowed amount -> click “Borrow”
Click “Comfirm Borrowing” -> Click “Confirm” in the wallet, then the NFT is successfully pledged, and the borrowed coins can be viewed in the wallet
Step 3 . Check the order status
Click on “Dashboard” to view the borrowing order.
Depending on the status of the order, you can choose to borrow again or repay the money.
Step 4 . Borrow again
Click “Dashboard” -> select the order, click “Borrow” -> enter the amount you want to borrow -> click “Borrow
Click “Comfirm Borrowing” -> Click “Confirm” in your wallet, then you can view the borrowed coins in your wallet
(Note: If the amount of available funds in the support pool is insufficient, the borrowing may fail)
Step 5. Repayment (partial repayment / full repayment and redemption)
Click “Dashboard” -> select order, click “Repay” -> enter repayment amount or check “Repay All” -> click “Repay
Click “Comfirm Repayment” -> Click “Confirm” in your wallet, then the order will be successfully repaid and NFT will be automatically redeemed in your wallet
2、As a depositor
Step 1. Overview of the market
Select the cryptocurrency pool, click “Deposit” and enter to view
Step 2 . Deposit
Enter the deposit amount -> Click “Deposit” -> Click “Confirm” in the wallet, then deposit successfully
Step 3. Check the deposit status
Click “Dashboard” to check the status of your deposit.
Depending on the deposit status, you can choose to make another deposit or withdraw the money.
Step 4. Withdrawal
Click “Dashboard” -> Click “Withdraw” -> Enter the withdrawal amount or click “All” -> Click “Withdraw” -> Click “Confirm” in the wallet, then withdraw successfully and check in the wallet.
(Note: If the amount of funds available in the support pool is insufficient, the withdrawal may fail)
