Kayak Finance is a cross-chain stable market, enabling users from different chains to access aggregated liquidity, low-slippage swap, and premium pegged asset utility. This article will introduce how to participate in the Kayak Finance Morph Testnet.

Task list

Here is the task list; you will be eligible for the Kayak reward once you have finished Task1 and Task 2, and you will receive an extra reward if you finish Task3. All rewards will be distributed after Kayak Finance Morph TGE event, stay tuned!

Task1

• Complete swap transaction for at least one time, here is the trading pair that are eligible:

  • Mock USDT—>Mock UDSC

  • Mock DAI—>Mock USDT

  • Mock USDC/Mock DAI

Task2

• Pool（Mock USDC-Mock USDT or Mock DAI-Mock USDT）

  • Deposit

    • Deposit

    • Stake

    • Deposit & Stake

  • Withdraw

    • Withdraw

    • Unstake

Task3

• Finish the Exercise with full marks and mint the credential NFT

Swap Guide

1.Click "Swap" in the upper navigation bar to enter the "Swap" page.

2.Click the token icon, and select the token you want to trade in the menu.

3.After entering the token amount, the transaction details will be displayed on the expandable card below the block, including:

—— Minimum Received Amount: You can adjust the minimum received amount using the Swap Slippage Tolerance option you set. If you cannot receive at least this amount, the transaction will not be completed.

—— Fee: A transaction fee is charged. This fee is reflected in the total amount shown.

—— Price impact: The difference between the market price caused by the transaction and the approximate price.

4.Click SWAP and confirm your action on the wallet application to continue.

5.After the transaction is successful, you can click on the wallet to check the corresponding arrival status.

Pool

The pool page is where you can find all trading pool information deployed on the Kayak Finance protocol. Click the "Pool" button,  you can view all the information of different pools. In the meantime, you can also claim your LP reward on this page by clicking the " Claim All" button.

Deposit

Find the fund pool you want to deposit, click on the pool to enter the pool details page.

1. Enter the amount you want to deposit (you can choose to deposit only one kind of token); click Max to deposit all your token balances.

2. After entering the amount, the transaction details will be displayed. After checking all the details, click Deposit and confirm the transaction in the wallet.

3. If you want to convert the optimal proportion amount automatically, you can enter any currency amount and click " Import in a balanced proportion“

4.After the transaction is successful, a corresponding LP token will be created and sent to your wallet.

Stake

1. After successfully deposit your token and receive LP token, you can click "Stake" to stake your LP token for rewards.

2. Enter the LP token amount you want to stake.

3. Click Stake and confirm the transaction in your wallet.

4. The rewards will start to accumulate, and you will be able to view all rewards at the top of the pool page.

Deposit & Stake

1. If you want to operate more conveniently and directly obtain rewards, you can click the "Deposit & Stake" in the secondary navigation bar.

2. Enter your deposit amount; you can click Max to deposit all your token balances in one click.

3. After entering the amount, the transaction details will be displayed. After checking all the details, click Deposit & Stake and confirm the transaction in the wallet.

Withdraw

We can click withdraw above if we want to withdraw the Deposit or Stake funds.

1.First, you need to enter the LP amount you want to withdraw.

2.By default, Import in a balanced proportion will be checked, and the system will automatically calculate the amount.

3.Withdraw successful, the corresponding token will be returned to your wallet, please check it carefully.

4.Of course, if you want to customize the amount, it is also supported. First, click to uncheck the Import in a balanced proportion checkbox.

5.Enter the LP amount you need to withdraw.

6.Enter any currency amount, and the system will automatically fill in the remaining amount for you. (For example: LP: 1000, enter USDT: 800, and the system will automatically enter USDC: 200).

Unstake

1. If you want to Unstake your LP token, click on the secondary navigation bar Unstake.

2. Enter the LP amount you want to Unstake.

3. You will receive field on the page will automatically display the LP tokens you can get.

4. Unstaking is successful, and the corresponding token will be returned to your wallet. Please check it carefully.

Learning

Kayak offers a Learning module designed to provide users with a systematic, modular learning path where you can earn NFT rewards by completing the questions!

1.You can click on the learning document under Learn more about StableSwap to view the corresponding knowledge.

2. You can click Go to Test through the Test module to jump to the answer page. After scoring 100 points, you will receive an NFT reward!

If you complete the quiz and score 100 points, an NFT reward pop-up window will appear.

Clicking on MINT will redirect you to the Learning homepage, where you can complete the MINT of NFT!

If you fail, it doesn't matter! We can try indefinitely until you get a perfect score! (But NFT can only be obtained once)