LiquiFy Staking – Testnet Guide

LiquiFy Staking – Testnet Guide

Test the future of liquid restaking on BNB Chain Testnet (Network ID: 97)

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1. Getting Started

Prerequisites

• Install MetaMask (or another supported wallet).

• Switch to BNB Smart Chain Testnet (see configuration guide).

• Get testnet BNB from the official faucet.

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2. Testnet Walkthrough

Step 1: Access the dApp

1. Open LiquiFy Staking Testnet (replace with live URL if deployed).

2. Click "Connect Wallet" and authorize MetaMask.

Step 2: Stake BNB → Mint liqBNB

1. Navigate to the Stake tab.

2. Enter the amount of BNB to stake (ensure you have testnet BNB).

3. Approve the transaction in MetaMask.

4. Confirm staking → receive liqBNB tokens (liquid restaked BNB).

💡 Tip: Check your liqBNB balance in the "Dashboard" tab.

Step 3: Explore Rewards & Referrals

• Rewards Page: Track earned points and APY.

• Referral Page:

  • Copy your unique referral link.

  • Share it; referred users’ stakes boost your bonuses.

Step 4: Exit Position (Burn & Redeem)

1. Go to the Redeem tab.

2. Burn liqBNB to unstake your original BNB (simulates mainnet unbonding).

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3. Testnet Features Checklist

Feature	Status	Notes
Wallet Connection	✅	MetaMask, WalletConnect
BNB Staking	✅	Mints liqBNB
liqBNB Balance	✅	Visible in dashboard
Points/Rewards	✅	Live updates
Referral System	✅	Track invites & bonuses
Cross-Chain Bridge	⚠️	Testnet may limit chains

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4. Expected Behavior

• Staking: liqBNB tokens minted 1:1 with staked BNB.

• Referrals: Bonuses apply when referees stake.

• Redeeming: liqBNB burns after unbonding period (simulated delay in testnet).

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5. Reporting Bugs & Feedback

Found an issue? Report it via:

• GitHub Issues: LiquiFy Staking Repo (link to your repo)

• Discord: Invite Link

• Email: [email protected]

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6. FAQ

Q: Why is my liqBNB balance not updating? A: Refresh the page or check MetaMask for pending transactions.

Q: How long is the testnet unbonding period? A: Shorter than mainnet (e.g., 1 hour for testing).

Q: Can I bridge liqBNB to other testnets? A: Only if the testnet supports cross-chain bridges (check dropdown menu).

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Ready for Mainnet?

Coming Soon!

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