Mastering Olive v2: A Testnet Manual for two Airdrops (Thread)

Mastering Olive v2: A Testnet Manual

@0xOlive has collaborated with @zetablockchain to bring to you Zeta X Olive Incentivised Testnet

Testing out Olive will enhance your chance of securing not only Olive airdrop but Zeta airdrop in the future

Let’s contribute together

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Olive Finance

- Automates yield conversion into LP tokens

- Optimizes and auto-compounds returns

10x leverage for LP token holders

Leveraged capital sourced from over-collateralized lending vaults

A win-win

Lenders earn passive income while empowering leveraged LP farmers

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Checklist

Step 1 Gearing up to start

Use my code to jump on board

https://oliveapp.finance/?ref=m46hjLtf

- Click on Connect Wallet

- Enter invite code: LYFmadeEasy

- Verify

- You get 500 Olive drops by simply connecting your wallet

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Leveraged Yield Farming (LYF) with Olive

To commence, you need some testnet tokens

Click on Faucet

Mint testnet tokens (I chose Zeta Chains Athens Testnet)

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Interact with the Vault

What all can you do?

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Deposit into Vault

- Click on Vaults

- Head to the ZLP pool

- Click on Invest

- Enter the amount you wish to deposit

- Select your leverage

- Click on Approve and confirm txn

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Withdraw at your convenience

- Click on Withdraw

- Enter the number of otokens you wish to withdraw

- Click Withdraw and confirm txn

PS - no penalties for early withdrawal

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Manage your position

- Click on Manage to adjust leverage easily using the drag feature

- Once you've set your preferred leverage hit the Leverage/Deleverage button

- Pay Gas & you're done

PS - A strong health factor is what will save you from Liquidation

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Lending

- Click on Lend

- Select your pool (I opted for zUSDC)

- Enter the amount you wish to lend (you can see the azUSDC going into the pool)

- Click on approve and confirm txn

Withdrawals are simple

- Just input the desired amount

- Click withdraw and confirm

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Olive Drops

A little something something for the users

Exclusive rewards for testnet users who report bugs & interact with the network

Fill in the form for improvements/suggestions + olive drops

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Olive has multiple campaigns running on @Galxe

Complete the quests here - https://galxe.com/olive

Zeta X Olive Incentivised Testnet

https://galxe.com/olive/campaign/GCu21tUcCW

Other ways to engage and Earn

- Hang on Discord

- Contribute on Dework

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I've been playing out various Testnets & sometimes it's a nightmare

Olive so far has been pretty smooth for the most part

So I suggest you make the most of it as well

More activity = Greater chance of qualifying

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