# Spectrum Finance Testnet: SPF Token Airdrop

By [AirdropsCaptain.eth 🦇🔊 | AirdropsCaptain.lens 🌿](https://paragraph.com/@airdropscaptain) · 2022-12-05

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[Spectrum Finance](https://twitter.com/SpectrumLabs_) is building an open-source cross-chain DEX. Currently live with their Testnet on Cardano, the team announced an airdrop for early users on their [Medium](https://spectrumlabs.medium.com/) page.

Without further ado, let’s see how we can play with it using an Eternl wallet, some test tokens and the swap, add & remove liquidity features. Ready Pirates? Gooo 🏴‍☠️

> 1.  Download Wallet
>     
> 2.  Get Test Tokens
>     
> 3.  Swap, Add & Remove Liquidity
>     
> 4.  Feedback
>     
> 5.  Conclusion
>     

1\. Download Wallet
-------------------

Before visiting the [website](https://app.spectrum.fi/cardano/swap?base=token-ada), we need to download an [Eternl](https://twitter.com/eternlwallet) wallet ⬇️:

*   Install & Open: [chrome.google.com/webstore/detail/eternl](https://chrome.google.com/webstore/detail/eternl/kmhcihpebfmpgmihbkipmjlmmioameka)
    
*   Click on “**Mainnet**" and select “**Preview Testnet”**
    

![Wallet on Preview Testnet mode](https://storage.googleapis.com/papyrus_images/7835cd0284da86dfb8fc6f8325e2e014ef32dac16225da69e1be6b16f6327dba.png)

Wallet on Preview Testnet mode

*   Click on “**Add Wallet”** and select “**Create Wallet”**.
    

![Create a new wallet on Preview Testnet mode](https://storage.googleapis.com/papyrus_images/6c76b29e64e1e843b75bd149734f20f456b0032bc03b1c4df7660a9916e2690f.png)

Create a new wallet on Preview Testnet mode

All you have to do starting from now is following the instructions to create your wallet. Don’t forget to secure your seed phrase and don’t share it with anyone.

2\. Get Test Tokens
-------------------

Your wallet is ready to claim some test tokens:

*   Select “**Receive**” & copy your wallet address
    

![Copy Eternl wallet address](https://storage.googleapis.com/papyrus_images/335568f44a41a37e795573bfdaaa781e194a62ab43a41a5d66f1bbe35c8a8f64.png)

Copy Eternl wallet address

*   Visit the faucet page, scroll down & paste your wallet address to request some test ADA tokens: [docs.cardano.org/cardano-testnet/tools/faucet](https://docs.cardano.org/cardano-testnet/tools/faucet)
    

**Note:** tokens arrived 5 mins after the request. You’ll receive 1_0,000 t₳._

![Claim test ADA](https://storage.googleapis.com/papyrus_images/c034a282684cc3d8839227edf9c4f78cd6dfa2dd82468e83a03b445b08e763f3.png)

Claim test ADA

3\. Swap, Add & Remove Liquidity
--------------------------------

Before using our test tokens, we need to click on the “Plug” (Green = Good). Once done, it will be easy to connect to [the website](https://app.spectrum.fi/cardano/swap?base=token-ada) using your [Eternl Wallet](https://twitter.com/eternlwallet)

![Connect your wallet to the website](https://storage.googleapis.com/papyrus_images/29a263612e30e2fe1b8ab7d7c29858b6521143a6856daedbd6d8647d6d2b4bd1.png)

Connect your wallet to the website

### A. Swap

Connect to the [Spectrum Finance website](https://app.spectrum.fi/cardano/swap?base=token-ada) & use your 1_0,000 t₳_ to swap between all the tokens available:

*   Go here: [app.spectrum.fi/cardano/swap?base=token-ada](https://app.spectrum.fi/cardano/swap?base=token-ada)
    
*   Select pairs & click on “**Swap**”
    
*   Approve the transaction - Put your password - Approve
    

I know it’s annoying but i suggest you to repeat the steps for all tokens, just in case it matters.

![Swap ALL tokens](https://storage.googleapis.com/papyrus_images/d67816fdf7478d723fc87cee8ed473017caf04ef97a2d13b8edd18ecfdbfe262.png)

Swap ALL tokens

### B. Add Liquidity

We have all the tokens & time to add some liquidity to the pairs available:

*   Go here: [app.spectrum.fi/cardano/liquidity](https://app.spectrum.fi/cardano/liquidity)
    
*   Click on “**Add Liquidity**”
    

![Add Liquidity part 1](https://storage.googleapis.com/papyrus_images/8058a7e573763a14fa6d8fc7d3c24446e977115c9891104856c214ee796bbb16.png)

Add Liquidity part 1

*   Select the pairs & add liquidity. Repeat for all pairs.
    

![Add Liquidity part 2](https://storage.googleapis.com/papyrus_images/6774ec758910a8119355467fadfc595126322fac161a365e1341bc2c24a9aca1.png)

Add Liquidity part 2

### C. Remove Liquidity

We still have one feature to try, removing liquidity:

*   Go back here: [app.spectrum.fi/cardano/liquidity](https://app.spectrum.fi/cardano/liquidity)
    
*   Click on “**Your Position**” & select “**Pool Overview**”
    

![Your Position - Pool Overview](https://storage.googleapis.com/papyrus_images/e8e7fd8706ef7b6de66d2f89320ba4590a43e4307d5aae34e80b12eb1a2a8723.png)

Your Position - Pool Overview

*   Click on “**Remove Liquidity**” - Select the quantity you want to remove - Remove
    

> Note: Don’t remove all the liquidity and repeat for all pairs. You can also click on “Increase Liquidity” if you want to add more to the pool.

![Remove Liquidity](https://storage.googleapis.com/papyrus_images/9c17081f5b4601b18c3b48e41a0f2b5996ef5feb173919caf66666db1ad90002.png)

Remove Liquidity

4\. Feedback
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We can now leave a quality feedback as usual simply by completing [the form](https://docs.google.com/forms/d/e/1FAIpQLSdY1Fdo9Pso2JHQsH_Qz_nxvZYNvbAVN3H9qY13T5EejbtIzw/viewform) on the website:

*   Click on “**Leave a Feedback**” or [here](https://docs.google.com/forms/d/e/1FAIpQLSdY1Fdo9Pso2JHQsH_Qz_nxvZYNvbAVN3H9qY13T5EejbtIzw/viewform) to complete the form.
    

![Leave a Feedback using the form.](https://storage.googleapis.com/papyrus_images/7554a192d44b45bfced047f872e9a4104e9d6f3748b4049175224afaeeba4abd.png)

Leave a Feedback using the form.

5\. Conclusion
--------------

Well done Pirates, even the bear market can’t stop you! 🏴‍☠️ A couple of days ago, Spectrum Finance released information about the [Tokenomics & Launch](https://spectrumlabs.medium.com/spf-token-tokenomics-and-launch-ffaf1f56e22b) of the $SPF token.

The total supply will be 1,000,000,000 $SPF tokens and a bit more of 75% will be distributed to the community. However, here we are testing the platform on Cardano (already live on Ergo).

The team [mentioned](https://twitter.com/SpectrumLabs_/status/1599824822691061760) that more than 2 million tokens (0,22%) will be allocated for Cardano Testnet participants. 🪂

Grab your [Eternl wallet](https://chrome.google.com/webstore/detail/eternl/kmhcihpebfmpgmihbkipmjlmmioameka) and execute some transactions to provide a quality feedback at the end. We never know the value of tokens we accrue now for the next cycle.

On to the next one 🖤

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*Originally published on [AirdropsCaptain.eth 🦇🔊 | AirdropsCaptain.lens 🌿](https://paragraph.com/@airdropscaptain/spectrum-finance-testnet-spf-token-airdrop)*
