# The Olive v2 Complete Testnet Guide

By [aliarma.eth](https://paragraph.com/@aliarma) · 2023-10-09

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**Olive Finance** stands at the forefront of Decentralised Finance, introducing enhanced yield farming opportunities with a **leverage of up to 10x for LP token** enthusiasts.This unique approach allows yield farmers to amplify their returns on preferred LP tokens.

The underlying capital for these leveraged positions is sourced from dedicated over-collateralized lending vaults. In these vaults, lenders contribute their cryptocurrency assets, which are then accessible for LP vaults to borrow.

In return, lenders accrue passive income, ensuring a win-win ecosystem.

"[https://prod-files-secure.s3.us-west-2.amazonaws.com/be1bcc2e-ee5c-42e6-b83b-01cc207bd81c/7ef9b74d-7d1a-4ee1-b6f0-b455dabc9ec4/1200px-HD\_transparent\_picture.png](https://prod-files-secure.s3.us-west-2.amazonaws.com/be1bcc2e-ee5c-42e6-b83b-01cc207bd81c/7ef9b74d-7d1a-4ee1-b6f0-b455dabc9ec4/1200px-HD_transparent_picture.png)" alt="[https://prod-files-secure.s3.us-west-2.amazonaws.com/be1bcc2e-ee5c-42e6-b83b-01cc207bd81c/7ef9b74d-7d1a-4ee1-b6f0-b455dabc9ec4/1200px-HD\_transparent\_picture.png](https://prod-files-secure.s3.us-west-2.amazonaws.com/be1bcc2e-ee5c-42e6-b83b-01cc207bd81c/7ef9b74d-7d1a-4ee1-b6f0-b455dabc9ec4/1200px-HD_transparent_picture.png)" width="40px" /> **🎉 The fun has already begun. The Testnet is live now! 🎉**

Join Now…..

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*Originally published on [aliarma.eth](https://paragraph.com/@aliarma/the-olive-v2-complete-testnet-guide)*