LENA - Lending and Earning on Non-fungible Assets, is the latest Web3 liquidity provider. The LENA Network is designed to be a productive protocol that returns 100% of the protocol revenue to the protocol participants, the holders of veLENA.
1. Go here and add Mumbai network.
2. Receive test tokens here.
3. Go to the site and connect your wallet.
4. In the tab “NFT Faucet” mint the available NFT and WETH.
5. In the tab “Free mint” press Mint and receive a pass.
6. In the tab “Liquidity” made a deposit WETH.
7. In the “Borrow” , borrow assets in any amount.
8.Wait a bit and press “Repay”.
9.In the tab “Auction” take part in actions, in case of their availability.
Lena Network has launched a v2 Testnet which lead us through the process of minting RWA NFT and participating in the Lena Testnet.
GUIDE:
1. Claim Mumbai Matic for testnet (if needed).
2. Go here and choose Lena RWA.
3. Connect your wallet on Mumbai network.
4. Press on Faucet (Matic Faucet).
5. Do the same with DAI tokens.
6. Choose XRWA NFT in order to mint test NFT.
7. In the tab “Liquidity” press Deposit DAI.
8. Withdraw some deposited coins here
9. In the tab “Liquidity”, click on the “Borrow” and press borrow on your NFT.
10. Enter the amount you want to borrow and confirm the transaction.
11. Turn on the Borrow slider and click on Repay.
12. Enter the amount you wish to refund and confirm the transaction
13. Go again to the “Auction” tab.
14. Go to tab with Loans in auction and click on any active Auction.
15. Enter your bid for the auction and confirm.
16. If you win, be sure to check your "Auction History" to claim your NFTs.
