Olive Testnet Guide

#OliveLYF #OliveTestnet #OliveFinance #OliveV2 #LYFeMadeEasyOlive Finance stands at the forefront of Decentralised Finance, introducing enhanced yield farming opportunities with a leverage of up to 10x for LP token enthusiasts.

Connecting wallet & Testnet invite code Visit: Olive Testnet Click → Connect Wallet Enter your invite code. You can get your code by simply tweeting to.

You can also get an invite code from #Invite code channel in our Discord

Once you get the code enter your code and click Verify. Short on ETH? Get Testnet ETH from Arbitrum Goerli Faucet Start minting Testnet tokens at Olive Testnet by clicking on ‘FAUCET’. → ‘HIT THIS BUTTON TO MINT TESTNET TOKENS’

At the heart of Olive Finance lies the concept of vaults. Each vault is intricately linked with a specific strategy contract, designed to auto-compound returns, and a dedicated lending pool for borrowing purposes.

Users have the flexibility to undertake the following actions within the vaults: **Deposit:** Add assets to the vault. Withdraw: Retrieve assets from the vault. Manage Position: Adjust and optimise their leverage within the vault.

Olive's lending pools operate on a model reminiscent of Aave’s over-collateralised lending model. When a user deposits assets, they receive aTokens (representing their supplied assets).

We invite you to explore and enjoy our Testnet! Have suggestions for improvement? We encourage you to share your thoughts through our Testnet Feedback Form.