We are thrilled to announce a significant milestone in the journey of The CREDIT Protocol – the introduction of our first cohort of testers onto the platform. This marks the commencement of an exciting phase where our first community members will interact with our protocol, providing invaluable insights that will shape the evolution of CREDIT.
The inception of this testing phase signifies a collaborative effort to refine and optimize The CREDIT Protocol. The diverse group of testers was hand selected from the sign up form, comprising DeFi power users, DeFi enthusiasts, developers, and financial experts. Together we will work with them to optimize and refine the features and fixed-income functionalities our platform offers prior to the full launch.
We believe in the power of community and collaborative effort. The feedback and experiences shared by our testers will be instrumental in identifying areas of improvement, ensuring that CREDIT evolves into a robust and user-centric DeFi platform.
Our incentivized testnet “Seasons”, will serve as the playground where our testers will engage with various lending, borrowing, and liquidity provision protocols. Your interactions will provide a realistic portrayal of the platform’s performance and potential, paving the way for refinements.
We are primarily looking for feedback on:
User flow / Experience
Bugs
Any additional product feedback (new features)
Engagement in the testnet will be rewarded through a structured points system, recognizing the contributions of each tester towards enhancing the platform. We are committed to fostering a rewarding and enriching experience for our testers, valuing every feedback that propels us closer to our vision.
The insights gleaned from this testing phase will be crucial in fine-tuning the user interface, smart contract interactions, and overall user experience. We aim to make CREDIT an intuitive and seamless platform for all users, irrespective of their DeFi experience.
Cohort ONE participants have been invited into a private TG group.
As we take this significant step closer to our mainnet, we look forward to the discoveries, improvements, and advancements that will ensue during this pivotal phase. We are grateful to our first cohort of testers for embarking on this journey with us, and we are very excited to share theshard work that has been going on behind the scenes the bring the CREDIT protocol closer to launch.
Stay tuned for updates, share in the excitement, and join us in the forthcoming phases of testing as we continue to shape The CREDIT Protocol into a cornerstone of fixed-income DeFi.
Congratulations to the community members who are in Cohort ONE.
To earn points, below a list of potential user behaviors to think about when interacting with The CREDIT Protocol.
Taking out a loan
Repaying a loan
Partially repaying a loan
Providing liquidity
Withdrawing liquidity
Lend to multiple pools
LPing in multiple pools
You should also beware of leaving the pool with debt (not repaying your loan), or imbalancing the pool. We intend to analyze such user actions and the effects of it.
Check out our previous article for a guide on how to use the basic features:
You may check if you are whitelisted by navigating to https://testnet.creditprotocol.io/credit and connecting your wallet. If you are able to access the platform the all is set.
See you in Telegram!