# Sense Testnet Interaction Tutorial

By [baikaishui](https://paragraph.com/@xunfa) · 2022-01-16

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Sense Protocol is a decentralized fixed income protocol on Ethereum that allows users to manage risk through future yield trading of fixed interest rates and existing yield negative assets. Interesting APY contract mechanism.

![](https://storage.googleapis.com/papyrus_images/3f2df9a9f18140089dd1966c9976cd356214d539393467060691b2dc64be1c3c.png)

**Get ready**

1.The Ethereum testnet (Goerli) wallet is automatically switched.

2.Collect gETH test coins.

[https://faucet.goerli.mudit.blog/](https://faucet.goerli.mudit.blog/)

[https://goerli-faucet.slock.it/](https://goerli-faucet.slock.it/)

**Go to the official website**

[https://testnet.sense.finance/eth-goerli/rates](https://testnet.sense.finance/eth-goerli/rates)

![Click connect wallet in the top right corner (automatically switch to Goli testnet)](https://storage.googleapis.com/papyrus_images/5d6b3a290cb7b828396c8be0c1d275c94da07e964eda6fb4c91ed1661e12e13f.png)

Click connect wallet in the top right corner (automatically switch to Goli testnet)

![Click on The Faucet to enter the test coins required for minting (claimed every 24 hours)](https://storage.googleapis.com/papyrus_images/29e77abfc4bb447f8ac3826177ba80f73c2bc7a7aa9b36181531f2fdde7ee448.png)

Click on The Faucet to enter the test coins required for minting (claimed every 24 hours)

![Casting success](https://storage.googleapis.com/papyrus_images/5596c27b20250626c6d3db57688fae137b5f6ee5909b8e658b773755faacfb29.png)

Casting success

![Click the Explore icon at the top of the page and click f6-DAI to enter](https://storage.googleapis.com/papyrus_images/7f45006e824ad1fb1c3452af6153352988b4f3ddeab569ef5b730cb303f26209.png)

Click the Explore icon at the top of the page and click f6-DAI to enter

![Shown here is the DAI 7-day APY curve and the details page for long and short (here we choose to fix the rate short)](https://storage.googleapis.com/papyrus_images/5225d54a60db0be0cccadb782790fbe976961521bed140ffe2658e4cdaf662cb.png)

Shown here is the DAI 7-day APY curve and the details page for long and short (here we choose to fix the rate short)

![Enter the number of DAI 2 authorized DAI consumption (note that a small amount of coins must be reserved for future interactions)](https://storage.googleapis.com/papyrus_images/aff255fca1b0b07889488427f531d0b60ce5f834737bc0a7dd5867a7d5518d59.png)

Enter the number of DAI 2 authorized DAI consumption (note that a small amount of coins must be reserved for future interactions)

![The wallet confirms the authorization](https://storage.googleapis.com/papyrus_images/6b08094f762cf4c93750b6a9eec1a412ad8ab4cf546a47435d8744e973b351a0.png)

The wallet confirms the authorization

![Buy short](https://storage.googleapis.com/papyrus_images/eaa5be55396c00e4cad209f21b4340360c710e77bf233b40ceffe3afcd2320a2.png)

Buy short

![Confirm the transaction in the wallet](https://storage.googleapis.com/papyrus_images/d5c3ec3a710b6d38703269c39ab96b99007bda633559cb4e321923a52376fa47.png)

Confirm the transaction in the wallet

![Indicates that the position was opened successfully](https://storage.googleapis.com/papyrus_images/3ab1c045549d6c2bf30e21c35ee146164e3b94042c12774c6df153d3731c1e5c.png)

Indicates that the position was opened successfully

![Back to the home page Click Long to go long DAI number 1](https://storage.googleapis.com/papyrus_images/8c75b4050e1554d052319e315fb3dc2947d8aa927d9c306cbf6d6c8e4938122b.png)

Back to the home page Click Long to go long DAI number 1

![Click the Buy Long button](https://storage.googleapis.com/papyrus_images/d96911d2ca13e7a02f11f11bd0e721776e90b528171404a48f28b7bffa380b1d.png)

Click the Buy Long button

![The wallet confirms the transaction](https://storage.googleapis.com/papyrus_images/c1293de65ef0784fca60bad5662e61fa9f61499f05057c0012e4a2802d478568.png)

The wallet confirms the transaction

![Position opening was successful](https://storage.googleapis.com/papyrus_images/de08918dddd16ca0ab9b983f56327fd6dea08c9ea4524c50c5f10aeb4827733c.png)

Position opening was successful

![Back to the main interface Click on Portfolio to view the position details](https://storage.googleapis.com/papyrus_images/c8b27749bbf588d173e073ec4e50b1412563280093256b32d92d03c698f68c43.png)

Back to the main interface Click on Portfolio to view the position details

![We click on the short position management icon and click on The Cell to close the position manually](https://storage.googleapis.com/papyrus_images/22ff85fd117481b0c466177be7640748669f2528074dcf37bd7545cd3d53e77a.png)

We click on the short position management icon and click on The Cell to close the position manually

![The number of closed positions is 0.2 Click To Sell](https://storage.googleapis.com/papyrus_images/3a9b007893c1c936d830c62ddd6cf5ccea9176b184f86b14a26b7dde988a6bfe.png)

The number of closed positions is 0.2 Click To Sell

![Click Fixed Rates](https://storage.googleapis.com/papyrus_images/1a2b6f1564d22c3f400896130dc4f348b50c64ed255c6635b69c954406cca5b0.png)

Click Fixed Rates

![Here you can arbitrarily select the object of opening a position to open a long or short (the operation procedure is the same as above)](https://storage.googleapis.com/papyrus_images/03d5c726734cb9d0b9e480c5ada6bb70a4db1a45079992598f0f91c15cca1dc6.png)

Here you can arbitrarily select the object of opening a position to open a long or short (the operation procedure is the same as above)

![Back on the homepage click on the Pool icon](https://storage.googleapis.com/papyrus_images/c545f91357dd93e47f5eab4d1a8f38f7ecfeee0807b77cba2a845cea8a3e37ec.png)

Back on the homepage click on the Pool icon

![Select cDAI and click Open Position](https://storage.googleapis.com/papyrus_images/b3a98b12fb10606fa62689b98697f74c14c21750aaf73e7fb3205ae33dd4b9a4.png)

Select cDAI and click Open Position

![Click Add Liquidity Wallet confirmation can be (other transactions can be executed patiently)](https://storage.googleapis.com/papyrus_images/0f15dc4ffec202dd4c30eb0053e907bb6cc291c7ee90cc362b8b50faa9f62e75.png)

Click Add Liquidity Wallet confirmation can be (other transactions can be executed patiently)

**These are just a few of Sense's simple interaction steps based on the Goerli test network.**

**The trading object can be arbitrarily selected In addition, it is also necessary to note that the number of test coins is only 5 pieces per sample for balanced use.**

The core of Sense is to decompose the assets that generate income into their principal and income components and encapsulate them after two fixed-term, mature assets (zero assets and claims). With Zeros and Claims, users can safely borrow at a fixed interest rate and trade at future yields without the risk of liquidation and capital lock-in.

**Get more information about Sense**

Blog: [https://medium.com/sensefinance](https://medium.com/sensefinance)

Twitter: [https://twitter.com/senseprotocol](https://twitter.com/senseprotocol)

Docs: [https://docs.sense.finance/](https://docs.sense.finance/)

Litepaper: [https://docs.sense.finance/litepaper/](https://docs.sense.finance/litepaper/)

App: [https://app.sense.finance/](https://app.sense.finance/)

Testnet: [https://testnet.sense.finance/eth-kovan/faucet](https://testnet.sense.finance/eth-kovan/faucet)

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*Originally published on [baikaishui](https://paragraph.com/@xunfa/sense-testnet-interaction-tutorial)*
