# The Olive v2 Complete Testnet Guide 

By [Cryptic MaCk](https://paragraph.com/@cryptic-mack) · 2023-11-21

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Let's look into and how to participate in the ongoing V2 testnet event.. [#OliveLYF](https://twitter.com/hashtag/OliveLYF?src=hashtag_click) [#OliveTestnet](https://twitter.com/hashtag/OliveTestnet?src=hashtag_click) [#OliveFinance](https://twitter.com/hashtag/OliveFinance?src=hashtag_click) [#OliveV2](https://twitter.com/hashtag/OliveV2?src=hashtag_click) [#LYFeMadeEasy](https://twitter.com/hashtag/LYFeMadeEasy?src=hashtag_click)

1/8 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.

2/8 Connecting wallet & Testnet invite code

Visit: Olive Testnet [https://oliveapp.finance](https://t.co/xfVPZ6fwk8)

Click → Connect Wallet Here’s an Invite Code, Just for you - HGS1Er7v

Once you get the code enter your code and click Verify.

![](https://storage.googleapis.com/papyrus_images/0f0314d15b3cb2f16514a62f265f73322a3ed9d8a3eeb34775821d7a81784900.gif)

3/8 Congratulations you’ve earned your first Olive Drops! Isn’t that super cool?

![](https://storage.googleapis.com/papyrus_images/2787eca1087e2fef969c5cb4065cf31a00962b9b67606a1a967c219061720ab5.png)

4/8 Start minting Testnet tokens at Olive Testnet by clicking on ‘FAUCET’. → ‘HIT THIS BUTTON TO MINT TESTNET TOKENS’

![](https://storage.googleapis.com/papyrus_images/05e9c23310b91aaf241816f2c0de67203e9df7b5392e53eeb2dbc385407d818b.gif)

5/8 Let’s make a deposit in the vault Head over to the vaults page and make a deposit.

![](https://storage.googleapis.com/papyrus_images/28389cdfb54636f188f393d1ce2fa5a141a54d56bb50a62b5dfd93b66660b274.gif)

6/8 Withdraw from Vault anytime you like You can head over to withdraw and enter otokens amount to make withdrawal.

![](https://storage.googleapis.com/papyrus_images/2b4dabe1d4a9202e17edd541466eba6489aecf4e3c55e8e163ad6ff98a9cd11f.gif)

7/8 Olive v2 Lending Pool 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). Conversely, when a Vault borrows assets to facilitate user..

8/8 Olive Drops Don’t forget to check out the Drops page. It’s super fun and you get to see your Olive drops and also a glimpse of your investment. Plus, there are so many exciting things to do.

![](https://storage.googleapis.com/papyrus_images/bc2b210509a86ef11b323ca73c46d0f28de86c3b9da4f9d67f45330cefa9bd1f.gif)

that's it for now..

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*Originally published on [Cryptic MaCk](https://paragraph.com/@cryptic-mack/the-olive-v2-complete-testnet-guide)*
