Today, iLoop’s public testnet officially launches, marking a significant milestone in the journey of innovating with LST assets. The testnet is now live, and you are invited to experience it.

Visit https://www.iloop.finance/, connect your wallet, and get started. iLoop’s testnet will currently support 6 LST assets: jitoSOL, mSOL, jupSOL, bSOL, INF and rkSOL. Additional partners will be integrated onto the platform in the coming weeks.

Innovating for Future Readiness

iLoop is the first platform focused on LST assets to offer consolidated returns, opening up an entirely new future for Lending, Liquid Staking, and Restaking on Solana.

The ‘Loop’ feature allows users to leverage up to 15x. However, it’s important to choose the right strategy to maximize profits—maximizing leverage doesn’t necessarily mean maximizing returns. Basic features will be rolled out for testing first.

As a member of the most vibrant ecosystem, Solana, we have made optimizing LST assets one of the core ideas in building iLoop. ‘Loop’ represents next-generation design with future-oriented goals. Unlike older designs, ‘Loop’ has the potential to achieve breakthroughs that have not yet been attempted.

Objectives of iLoop Testnet

With the live iLoop testnet, users have the opportunity to experience the Lend and Loop features and develop strategies before iLoop launches on the mainnet. During this period, the iLoop team will observe and gather feedback on the product during testing to make necessary adjustments before the mainnet launch.

Steps to Participate in the Testnet

Step 1: Visit https://www.iloop.finance/

Step 2: Connect Wallet

Step 3: Faucet SOL: https://testnet.iloop.finance/faucet

Step 4: Use ‘Lend’ or ‘Loop’

By participating in the testnet, users will utilize the basic features provided, such as "Loop", to test whether leverage operates smoothly across all available pools. This helps ensure that no issues arise during operation.

Community Feedback Drives iLoop’s Development

The testnet is not just a place to experience the product but also a call for collaboration. All community feedback is valuable. Here’s how you can contribute:

• Bug Reports: All reports will be addressed through Discord. Details can be submitted in any form such as screenshots or videos.

• Ideas: All proposed ideas are highly valued. iLoop always listens to suggestions to improve the product.

What’s Next?

The launch of iLoop’s testnet is not only a significant milestone but also a glimpse into what a dynamic community can achieve. During the testnet phase, iLoop will conduct tests. If no vulnerabilities are found in the test reports, the mainnet launch will proceed as scheduled in October.

Follow @iLoop_HQ and join the iLoop Discord to stay updated with the latest information.

About iLoop

iLoop is a next-generation Lending & Borrowing platform focused on the Liquid Staking market within the Solana ecosystem, providing solutions to optimize the holdings of LST stakers directly on a single platform.

Join us on this exciting journey with iLoop. iLoop is committed to continuously improving and developing our services to deliver the best experiences for the community in the Liquid Staking fields on Solana.