Nimble Public Testnet || Algorand Testnet ||Expected Airdrop Join Now.
The Nimble team is proud to announce the public launch of our testnet, a crucial component in testing our product. All participants gain automatic entry into our Incentivized testnet program, launching in early 2023. We have built the premier web3 insurance marketplace, allowing DeFi degens to earn Real Yield by acting as the new insurance companies.
How to join Public Testnet of Nimble
How to get testnet ALGOs
If you haven’t already, download Pera wallet and obtain Algorand Testnet tokens.
Alternatively, you can go to Algo Faucet, paste your TestNet wallet address, and hit send to fund your wallet with TestNet ALGO.
Switching to testnet on Pera Wallet
First, navigate to settings and scroll to the bottom — tap Developer Settings.
Tap Node Settings.
Tap TestNet to connect your Algorand Wallet to TestNet.
Done! You’ve connected to Testnet. You can easily reverse the steps to switch back to Mainnet.
Buying DeFi Insurance Cover on Nimble
You can purchase cover using Testnet ALGOs for your Assets on the protocols listed in the Nimble WebApp.
Navigate to https://testnet.app.insurenimble.com/
Click on the “Buy a cover” tab.
Connect your Pera wallet:
Add the number of Algos you want to insure and the period for which you wish to insure. Then, Nimble will automatically calculate the premium you need to pay. Currently you can only by cover for an amount less than your testnet ALGO balance.
Your contract(s) will pop up.
Confirm your transaction(s).
Your Algorand cover NFT will be visible in the web app.
Your Pera wallet will ask you to opt in to the cover NFT that verifies your cover and the number of assets you’re covered for.
Your NFT will be available under “collectables in your Pera wallet.
How to provide insurance as a liquidity provider
Navigate to the “Stake and Earn” tab.
Chose a risk pool you’d like to provide liquidity for.
Your contract(s) will pop up.
Confirm your transaction(s).
The transaction will be confirmed on the Nimble app.
And you will receive an NFT representing your staked ALGOs.
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Disclaimer :: This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.
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