Introduction:
Welcome to a comprehensive guide that will cover the exciting journey of exploring CUBISwap's opBNB testnet. As one of the pioneering decentralized exchanges (DEXs) on the opBNB blockchain, CUBISwap offers a range of features and functionalities while emphasizing community involvement. Notably, CUBISwap reserves 6% of the CUB token for the community, fostering active participation.
This guide will outline the steps to get involved, transfer tokens, make trades, add liquidity, and more. Let's dive in!
Step 1: Preparation
To participate in the opBNB testnet, get test tokens from the BNB faucet. These tokens are necessary to fully experience CUBISwap's testnet environment.
Visit the faucet, https://testnet.binance.org/faucet-smart/ and pass the captcha. Input Metamask wallet address and select “Give me BNB”.
Step 2: Transferring Tokens via the Bridge
Head over to the opBNB bridge, https://opbnb-testnet-bridge.bnbchain.org/deposit and connect wallet. This will add the BNB testnet network to the Metamask wallet or prompt a switch to the correct network.
Input the desired amount of tokens to bridge and click on "Deposit."
Sign the transaction to initiate the token transfer to the opBNB network.
To add the opBNB testnet network, withdraw a small amount on BNB in the “Withdrawal” tab.
Step 3: Exploring the Swap Functionality
Once the tokens are on the opBNB network, visit the CUBISwap website, https://cubiswap.finance/swap and connect Metamask wallet.
In the Swap section, trades can be made between available tokens. Select the tokens to swap, input the desired amount, and click on "Swap."
Step 4: Adding Liquidity
To further test the platform, add liquidity to the available pools. Navigate to the Liquidity tab and click on "Add Liquidity."
Select the tokens to provide liquidity for and click on "Add Liquidity”.
Input the desired amount, enable them (if required), and click on "Supply".
Confirm the details and click “Confirm Supply”.
Liquidity has successfully been added.
Step 5: Removing Liquidity
To explore liquidity management, head back to the Liquidity tab and choose an active pool. Open the pool details and click “Remove”.
Input the amount of liquidity to remove, enable the tokens and click on "Remove."
Confirm the details and click on "Confirm" to finalize the liquidity removal.
Conclusion:
CUBISwap's opBNB testnet is just the beginning. In addition to community involvement, the platform aims to introduce more tokens and features to enhance the overall user experience. Stay tuned for exciting updates and developments.
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