Thread by @0xFastLife

1/ AIRDROP HUNT 🪂

𝗘𝗡𝗧𝗔𝗡𝗚𝗟𝗘

@Entanglefi is the first Cross-Chain Protocol utilising Synthetic Derivatives to solve DeFi liquidity problems across blockchain networks

An #airdrop is confirmed for whitlisted testnet users. Good news, I have some WL for you 👇

#airdrops

2/
Entangle testnet is public, but to not dilute rewards, only WL people will receive an airdrop.

Very few WLs are available, but I have 20 spots for you 😁

🎁 I will draw among people who :
1️⃣ Like & RT first post of this thread
2️⃣ Drop wallet address in comment

#Giveaway

3/
💠 What is @Entanglefi ?

It's a protocol that allows you to earn CrossChain Liquidity Rewards & Borrow Stablecoins Simultaneously

Entangle allows user to gain exposure to high APY stablecoin & crypto LP yields across multi chains, without bridging funds or switching network

4/
A clear exemple :

You are an #arbitrum user.
With Entangle, you can trade and earn fees on LP tokens from DEXs on Ethereum, BNB Chain, FTM, Avalanche and many other chain.

5/
In this strategy, we gonna interact with Cross-Chain Synthetic LP Vaults.

SynthLP vaults allow exposure to cross-chain LP yields on your native chain. Each SynthLP vault represents a liquidity pool on a specific DEX on another chain.

6/
To not overload this thread, take a look at Entangle Litepaper :

issuu.com/entangleprotoc…

You will find clear and technical information about :

▫️Internal Dex
▫️Rebalancing
▫️Oracles function
▫️Entangle Architecture
▫️Entangle revenue Model

7/
Last points before testnet tutorial :

▫️Entangle are integrated with many chains like Ethereum, Avalanche , Fantom, BNB Chain, Arbitrum, Polygon & Optimism

▫️Entangle has partnerships with @traderjoe_xyz & @SpookySwap who are the biggest DEX on Avax, Arbitrum & FTM

8/
💠 How to use testnet 💠

1️⃣ Connect your wallet to : test.entangle.fi/testnet-info

🔸Press 'Apply for Testnet' button
🔸Copy the given text and post it in a tweet
🔸Copy and paste your tweet URL
🔸Press 'Verify' then 'Verify to Discord'

9/
2️⃣ You will automatically join : discord.gg/entangle

🔸Pass verification process as usual
🔸Go to 'faucet-tokens' channel and press 'Verify'
🔸Check your DM and give your wallet address to the bot

10/
3️⃣ Add BSC Test Network

▫️Network Name: tbsc
▫️New RPC URL: nodes.test.entangle.fi/rpc/bsc
▫️Chain ID: 56
▫️Currency Symbol: BNB

If you need a complete tuto on how to add network in #metamask, check this link :
entangle-protocol.gitbook.io/entangle-proto…

11/
Go to test.entangle.fi

🔸Choose Synthetic Vaults Example Avax
🔸Press Select to any Vault (i.e Avax)
🔸Let BUY function unable
🔸Set amount of USDC (i.e. 15 USDC)
🔸Press ADD FUNDS
🔸Approve USDC, then approve transaction

12/
5️⃣ Press Sell

🔸Your SynthLP Balance 6.8 SynthLP
🔸Enter any amount in SynthLP (i.e 3)
🔸Confirm transaction

13/
6️⃣ Repeat on others chains

🔸Go to entangle-protocol.gitbook.io/entangle-proto…
🔸Add other Test Networks to metamask like #avax #polygon #optimism #fantom #arbitrum
🔸Buy & Sell in any Vaults like previously, but in others Networks

(example jump on ARB Testnet and buy in #BNB vault)

14/
Provide Liquidity and Stake are not avalaible for this phase.
These features are under development, you will be able to test them very soon.

📆 Testnet V1 end on May 25th & V2 will be available from start of June
So Testnet part is over for now, but it's only temporary 😏

15/
Hope this thread was helpfull.

Join us on telegram to not miss any #airdrops hunt : t.me/FastLife0x

You can help me a lot with a like ❤️ & RT 🔁 on first tweet below.

See you soon for the next strategy 🫡

https://twitter.com/0xFastLife/status/1658853680420990979