# AWARDIABLE TAPIO FINANCE TESTNET

By [harecrypta.eth](https://paragraph.com/@harecrypta) · 2023-07-19

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**Tapio Finance** is the first LST-focused LP token with DeFi utility, pegged to ETH and bringing real returns to holders.

**What is the essence of Tapio Finance?**

Contributing **LST (Liquid Staking Token)** and own **ETH** to pools **Tapio** and releasing tapETH, users can not only contribute liquidity to the ecosystem, but also retain the ability to participate in DeFi while earning staking income as well as exchange or redemption fees.

**LST** Tokens are checks or receipts that allow users to directly participate in staking while retaining the ability to use their LSTs elsewhere in DeFi or transfer ownership of their tokens.

**What is known?**

— Project [received](https://cryptorank.io/ico/tapio) $4 million investment from Polychain Capital, The Spartan Group, CMS Holdings, D1 Ventures, Arrington XRP Capital, Genblock Capital, 0xVentures, Hypersphere Ventures, Double Peak, Valhalla Capital, The Spartan Group, LongHash Ventures, Paka.

*   Behind [Twitter](https://twitter.com/TapioFinance) Tapio Finance the foundations and their employees, such as [Jack Platts](https://twitter.com/jackbplatts) , [Arrington Capital](https://twitter.com/Arrington_Cap) And [Michael Arrington](https://twitter.com/arrington) .
    
*   in fixed [twitter post](https://twitter.com/TapioFinance/status/1673118691620433920?s=20) announced about the launch of the award-winning testnet:
    

⚡**June 26, 2023 — July 26, 2023!**

⚡**Rewards will be in the form of $TAPIO** token, NFT and roles, which will be useful for the next stages and will be a booster or a separate drop.

**What are we doing?**

1.  We take the test [ether from the tap](https://goerlifaucet.com/) .
    
2.  Let's move on [to the website](https://test.tapio.finance/home) and connect the wallet.
    
3.  Making swaps in a tab [SWAP](https://test.tapio.finance/swap) .
    
4.  In the tab [MINT](https://test.tapio.finance/mint) mintim **tapETH**. We immediately return the part with the Redeem button.
    
5.  After a while we return to the tab [REWARDS](https://test.tapio.finance/rewards) and stigmatize rewards (test).
    
6.  We make sure we do everything [quests in zealy](https://zealy.io/c/tapiofinance/invite/UkAgvpkhciknIl6sb-Kxz) .
    

**Social networks:** [Twitter](https://twitter.com/TapioFinance) [Discord](https://discord.gg/vWKj6gzNjq)

**Author:** [@qodeq](https://t.me/qodeq)

[VC](https://vc.ru/u/1057005-harecrypta) | [Telegram](https://t.me/harecrypta_chat) | [Twitter](https://twitter.com/Harecrypta) | [Youtube](https://www.youtube.com/c/HareCrypta) | [Website](https://harecrypta.com/en/)

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*Originally published on [harecrypta.eth](https://paragraph.com/@harecrypta/awardiable-tapio-finance-testnet)*