Fluidity Solana Devnet Beta is Live!

Fluidity excitedly announces that our Beta is now live on the Solana Devnet! After an amazing Ethereum beta launch, we’d like our community to take part in testing our Solana web app. Prior to using the Fluidity Solana Devnet app, we recommend you follow the tutorial below!

In this tutorial, we will take you step by step on how to utilize our platform, from setting up your wallet to minting fluid assets in our faucet.

What is Fluidity?

Fluidity takes tokens and wraps them at a 1-to-1 ratio while storing the original asset in a lending protocol. The accruing interest is stored in a reward pool with any on-chain purchase being eligible for a reward.

With Fluid Assets, yield is gained through utility. More transactions equal more yield, over time.

Existing decentralised finance incentivises leaving interest-bearing products ”idle” — sitting in an account accruing interest. Through wrapping a variety of assets with Fluid functionalities, we effectively grant utility to what would otherwise be stagnant tokens. This has the added benefit of composability and a change in how we interact with blockchain payments as a whole.

Step 1) Getting a Solana Wallet

For the Solana Devnet, we will be using the Phantom Wallet Extension, you can use any Solana Wallet. Click on the link below and follow the instructions for installation. If you already have the wallet feel free to skip ahead.

Phantom – A friendly Solana wallet built for DeFi & NFTs

A crypto wallet reimagined for DeFi & NFTs

phantom.app

Step 2) Switching to Devnet

Once the Phantom wallet is installed, you want to switch networks to “Devnet”.

  • Open up your wallet and click the settings icon in the bottom right corner
  • Scroll down until you see “Change Network”
  • Select “Devnet” and proceed to step 3

Step 3) Obtaining Devnet Sol

Now that you are on the right network let’s get you some Devnet Sol. You can obtain Sol from the following faucet. (note, if you have a preferred faucet, you are free to use that one).

Important. Fluidity will be on Devnet, so make sure to request Sol from the appropriate network.

Sol Faucet! The premium Solana faucet for all your devnet and testnet needs.

Why does this exist? Because it’s Solana Summer!! I kept wanting to try out all the *awesome new projects* coming out…

solfaucet.com

Remember to request sol from “Devnet”, not “Testnet”

Step 4) Obtaining Fluid USDC (ƒUSDC)!

Important. To follow this step, you will need to be signed in to Twitter.

Follow the following link to our faucet: faucet.fluidity.money

Make sure that the network settings are put on Solana Devnet.

From your wallet app, obtain your address and paste it into the address input field. After pressing REQUEST CODE, a new window will pop up with a tweet drafted as follows:

Send out this tweet, and you will receive Fluid Assets to play around with within our beta!

Step 5) You are ready to get Fluid, Solana Edition!

You are all set! Head on over to our Solana Application, where you can wrap and unwrap your fUSDC and send your Fluid assets to other wallets. Try to send it out as many times as you would like and see is win a reward. Note: Just like under the Ethereum Testnet, we have a dedicated channel for users to share their Sol address under “sol-wallet-addresses.”

Following your experience, please fill out the survey in the link below to give us as much feedback as possible.

Wispform

Fluidity Solana Devenet Feedback Form

fluidity.wispform.com

Thank you for taking part in our Solana Devnet! We are very excited about the rollout of Fluidity on Solana and cannot wait to hear what you think!

Make sure to drop by the Fluidity Discord to share your feedback and discuss with others about Fluidity. Make sure to send Fluid Assets to other members in the Discord.

Fluidity is building assets and stable coins that reward users when they use them. Imagine trading on an exchange or paying back a friend and winning a life-changing amount.

Fluidity allows cryptocurrencies to reward you when you use them.

Website: fluidity.money/

Faucet: faucet.fluidity.money/

Docs: docs.fluidity.money

Discord: discord.gg/HED9BsQm2p

Telegram: t.me/fluiditymoney

Twitter: twitter.com/fluiditymoney

Reach out to us at [email protected]

Source : Solana Medium

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