YALA TESTNET AND GALXE TASK- Step by Step Guide
The Yala Testnet offers hands-on experience with features like MetaMinting $YU, a Bitcoin-collateralized stablecoin, as well as staking, vault management, and earning $BERRIES — the testnet’s reward points.
Introduction to the Yala Testnet
With the recent launch of the Yala Testnet , blockchain enthusiasts and developers have an exciting opportunity to explore a unique protocol that bridges Bitcoin with multi-chain ecosystems. The Yala Testnet offers hands-on experience with features like MetaMinting $YU, a Bitcoin-collateralized stablecoin, as well as staking, vault management, and earning $BERRIES — the testnet’s reward points. These functionalities allow users to engage deeply with Yala’s innovative tools, preparing them for Yala’s upcoming mainnet launch.
In this guide, we’ll take you through each step to help you get started on the Yala Testnet, from depositing BTC to staking $YU, so you can make the most of this pioneering Bitcoin DeFi platform.
For a deeper dive into Yala’s mission, technology, and development goals, take a look at a previous article by Validatus on Medium here. Join us as we dive into the Yala ecosystem and explore how Bitcoin liquidity is being unlocked for the broader blockchain space.
TESTNET:
- Step 1: Go to the official Yala testnet website…Click here or copy and paste this link in your browser — app-testnet.yala.org
- Step 2: Connect wallets
- Step 3: Get Faucet (Tbtc)
- Here are other suggested websites where you can request for Tbtc
- If your faucet has arrived, you will see it in your OKX wallet and it will reflect in your Value section on the site
- Step 4: Click on the Balance for both Tbtc and Yu to create Vault
- Step 5: Then Click Approve
- Step 6: Confirm all the transactions
NOTE: Incase you encounter an error of not enough Tbtc for fee to complete the transactions, you can quickly request for more Tbtc and then refresh to confirm the transaction.
- If you transaction is confirmed…Then you will receive a congratulations message
- Step 6: At this point you can add YU to your OKX wallet and click confirm or wait till later time.
- Your Vault is successfully created — it might take about 10 minutes for this process to be done and your $YU minted
Stake your $YU
- Step 1: Go to Portfolio
- Step 2: Click Stake $YU
- Step 3: Choose the amount of $YU you want to stake
- Step 4: Click Stake
- Step 5: Confirm Transactions
- You should get a successfully staked notification
- You should see the amount of $YU token staked in the staked
- Click the Transaction History for details of transaction history
- Click positions to see the details of your minted tokens
- Congratulations…you should have completed the testnet for Yala.
YALA GALAXE TASK
- Step 1: Visit Yala Galxe Task page
- Step 2: Connect your wallet — metamask
- Step 3: Grant Permission — Click confirm
- Step 4: Then Perform all the task that include:
Conclusion
The Yala testnet offers users the chance to explore these functionalities and provide feedback as they move closer to full mainnet launch. It’s an exciting time to be a part of the Yala community. Below are the links to their different platforms for you to dive into all the exciting innovation Yala is pushing and do not forget to experiment with the testnet, and help the team shape the future of Bitcoin DeFi.
For more read visit : The Yala Testnet Launch
For a more detailed look at Yala’s mission, technology, and roadmap, take a look at a previous article by Validatus on Medium here.
Explore all that Yala has to offer on their official platforms:
Get involved, join the community, and help Yala shape the future of decentralized Bitcoin finance!
Thank you for reading!
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