Herafi Protocol Enters Public Testing Phase

Herafi Protocol takes a significant step forward in its development and officially enters the public testing phase on Optimism Sepolia. This is an alpha phase; therefore, we anticipate potential interface bugs, which will be progressively resolved. We request that the community report any identified bugs through the official Telegram groups and, soon, via the Discord community.

About Herafi Protocol

Herafi Protocol enables users to gain exposure to multiple tokens through a single derivative token. Each derivative token has distinct compositions. On this first day of the testnet, only one derivative token is available. However, in the coming days, new derivative tokens will be added.

Herafi Protocol allows users to buy and sell these derivative tokens using tokens such as wETH, UNI, USDC, among others.

The testnet is officially live at https://testnet.herafi.xyz/.

Recommended Procedure

We initially recommend that users access the faucet (testnet.herafi.xyz/faucet), request test tokens, and subsequently add liquidity or perform swap operations, according to their preference.

For tokens with 18 decimals, only 1 token can be requested every 30 minutes.

Rewards Program

All actions executed on Herafi Protocol during the testnet period are recorded and will be counted toward rewarding the most active participants during this phase. In the coming days, we will provide a ranking of the most engaged wallet addresses. We plan to reward approximately 2,000 unique participants in this phase. Additional details about this program will be disclosed soon, but the campaign is officially underway.

To be eligible for active participation in the campaign, with possibilities of receiving an airdrop, the user's wallet address must have conducted a minimum of 5 transactions on the Ethereum or Optimism blockchains before April 10, 2025. This requirement aims to ensure that participating wallet addresses are genuinely active and used by real users, thus preventing the participation of wallets created specifically for the rewards program.

Stay Connected

Join our growing community and stay updated on the latest developments:

Telegram: Join us

Twitter: @HerafiProtocol

Website: https://herafi.xyz/

Testnet: https://testnet.herafi.xyz/

We're thrilled to embark on this journey with our community and look forward to rewarding those who help shape the future of Herafi Protocol! The testnet starts on April 24, 2025 on Optimism Sepolia.