YAKA FINANCE TESTNET

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30 Jan 2024
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YAKA FINANCE TESTNET

Sei is a decentralized finance (DeFi) platform that has the potential to innovate and grow, but it’s not being used to its full potential. Yaka Finance is a project that aims to unlock that potential and help Sei reach its full potential. It does this by offering tools and services that make it easier for developers to build on Sei, and by attracting new users to the platform.
The Yaka team is inspired by the vision of creating a DeFi product that complements and enhances the Sei platform. The product will focus on two main features:

>Decentralized exchange (DEX)

that allows users to trade tokens. The goal is to create a solution that enhances the impact of Sei on the DeFi landscape by making it easier to launch and trade new projects.

SOME KEY HIGHLIGHTS

>>Yaka Finance’s approach is designed to make the most of Sei’s unique features, creating a kind of “win-win” situation. The synergy between the two platforms will make it easier for both Sei and Yaka to succeed. In other words, a rising tide will lift all boats.

>> Yaka’s goal is to make Sei more successful in the DeFi space by offering solutions that play to Sei’s strengths. These solutions are designed specifically for Sei, rather than being generic solutions that could work for any platform. By being tailor-made for Sei, they will be more effective at enhancing its capabilities.

>> Yaka Finance is working closely with the Sei Foundation to create a strategic alliance that leverages Sei’s liquidity grants. This partnership will help accelerate the growth of DeFi on the Sei Network. In other words, Yaka and Sei are teaming up to make DeFi on the Sei Network even more successful.

>> Yaka Finance is committed to being the go-to liquidity hub for the Sei Network, using real-world assets to support Sei’s long-term goals in the DeFi space. This means Yaka will be the main place for users to find liquidity on Sei, and it will use real-world assets like stocks and commodities to provide this liquidity. This will help Sei reach its long-term goals.

JOIN THE TESTNET 👇🏻

  1. First , download “Compass wallet” or “Fin wallet”. Create new wallet and store your seed phrase properly.
  2. For this guide, we will be using Compass Wallet.
  3. 2. Switch to Testnet in your wallet
  4. 3. Click : https://app.yaka.finance/#/airdrop?bindAddress=c2VpMWo5cWQ4NnIwZzR6dnlrNzhteTc0bnVwZjlsMzY3emp4bXYzcndl and connect your wallet.
  5. 4. Click on “faucet” at the top of your screen. The Faucet will give you 5 $SEI daily on your wallet. If you want to get more SEI test tokens, join discord; https://discord.gg/xdEdhDX8
  6. NOTE: Requesting for forget requires you to connect discord. You don’t have to connect wallet;
  7. -connect discord
  8. -paste wallet address
  9. -Click “Next”
  10. -Click “Request SEI”


Moving further;
5.Swap Tokens
6. Provide Liquidity
7. Done ✅

You can pop in from time to time and create some more volume for more positioning.
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