Activities on the Variational testnet
The Variational protocol offers peer-to-peer trading in perpetual options and other crypto derivatives. During the seed round, the project team managed to attract $10.3 million in investment from Coinbase Ventures, Dragonfly Capital, and others.
The project’s documentation confirms the creation of the VAR utility token, 50% of which will be distributed among the community. It also states that early users who test the protocol and provide useful feedback will be rewarded.
In this guide, we will take a closer look at the activity in the testnet and show the step-by-step stages of early interaction with the protocol.
Main activity
Note: a Metamask wallet is required to complete the activity. If you don’t have one, you can use our guide to install and configure it.
- Go to the website and connect the wallet:
- Go through the stage of creating a portfolio:
- Next, click on the account menu to request test USDC:
- After receiving USDC to the wallet, they must be transferred to the protocol:
- Testing the trading functionality:
- Join the waitlist for mainnet access on the site:
- Leave feedback on the use or report any errors in the project’s Discord.
Conclusion
The activity takes place on the test network, so it is not costly. The guide does not take much time to complete, but a single interaction does not guarantee a likely airdrop. To increase your own chances of a potential hand, you should periodically return to interacting with the protocol.
Highlights:
- no costs;
- investments over $10 million;
- confirmed VAR token.
Useful links: Website | X | Discord
If you have any questions during the activity, you can ask them in our X.
It will be interesting
