# Sense Testnet Interaction Tutorial

**Published by:** [baikaishui](https://paragraph.com/@xunfa/)
**Published on:** 2022-01-16
**URL:** https://paragraph.com/@xunfa/sense-testnet-interaction-tutorial

## Content

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. Get ready 1.The Ethereum testnet (Goerli) wallet is automatically switched. 2.Collect gETH test coins. https://faucet.goerli.mudit.blog/ https://goerli-faucet.slock.it/ Go to the official website https://testnet.sense.finance/eth-goerli/rates 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) Casting success 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) 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 Buy short Confirm the transaction in the wallet Indicates that the position was opened successfully Back to the home page Click Long to go long DAI number 1 Click the Buy Long button The wallet confirms the transaction Position opening was successful 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 The number of closed positions is 0.2 Click To Sell 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) Back on the homepage click on the Pool icon Select cDAI and click Open Position 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 Twitter: https://twitter.com/senseprotocol Docs: https://docs.sense.finance/ Litepaper: https://docs.sense.finance/litepaper/ App: https://app.sense.finance/ Testnet: https://testnet.sense.finance/eth-kovan/faucet

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