Testnet Demos
Leveraging XDC Testnet for Circularity Finance Applications
Last updated
Leveraging XDC Testnet for Circularity Finance Applications
Last updated
The XinFin XDC Network, with its hybrid blockchain technology, presents a fertile ground for developing and testing innovative applications in the decentralized space. Circularity Finance has taken full advantage of this by building a suite of applications on the XDC Testnet, aimed at fostering a circular economy and empowering users through decentralized applications (DApps). In this article, we’ll delve into how potential users and developers can utilize the XDC Testnet to explore and interact with these applications.
Understanding Chainlist.org
Before diving into the applications, it's important for users to familiarize themselves with Chainlist.org. Chainlist is a comprehensive platform that serves as a repository for different blockchain networks that can be used within a web3 wallet. This includes the XDC Testnet, which users will need to add to their wallets to interact with Circularity Finance’s applications. Chainlist provides an easy and user-friendly way to connect your web3 wallet to the desired network by simply searching for it and following the prompts to add it to your wallet interface.
Obtaining Test XDC
To interact with any DApp on the Testnet, users will need test XDC tokens. These are the "play money" version of XDC's cryptocurrency, used exclusively within the test environment. They have no real-world value but are essential for testing purposes. Users can acquire these tokens through https://faucet.blocksscan.io/, a faucet service that dispenses free test tokens for the XDC Network. Simply enter your wallet address, complete any required captcha or anti-bot verification, and you’ll receive test XDC to use within the Testnet. Here is the CIFI TestNet Smart Contract: xdc3CB8fb59815A8a69c197fd46b112Dd70EBF0CDEa
1. CIFI Micro-Economy
The CIFI Micro-Economy application is designed to streamline the process of creating and managing micro-economies within the decentralized space. Here’s how to test it:
Add the XDC Testnet to your wallet using Chainlist.org.
Obtain test XDC from the faucet mentioned above.
Access the CIFI Micro-Economy Testnet link (CLICK HERE) and connect your wallet.
Explore the functionalities such as creating a digital asset, setting up a micro-economy, or experimenting with tokenization.
2. CIFI DAO Genesis Tool
Video Tutorial - CLICK HERE
For those interested in the creation and governance of DAOs, the CIFI DAO Genesis Tool offers a user-friendly interface for launching your DAO on the Testnet:
Prepare your wallet with the XDC Testnet and test XDC.
Navigate to the CIFI DAO Genesis Tool Testnet link (CLICK HERE) and connect your web3 wallet.
Use the tool to simulate DAO creation, set up governance structures, and test voting mechanisms.
3. CIFI Give (Programmable Donations)
CIFI Give is an innovative application for making programmable donations in a decentralized environment:
Ensure your wallet is ready with the XDC Testnet.
Go to the CIFI Give Testnet link (CLICK HERE), where you can explore making and receiving donations, setting conditions for release of funds, and observing how smart contracts can automate charitable giving.
4. CIFI Degrees (Learning Management Software)
CIFI Degrees brings educational platforms into the decentralized world:
Set up your wallet with test XDC.
Access the CIFI Degrees Testnet link (CLICK HERE) and experience how education and blockchain can merge to offer verifiable and immutable records of educational achievements.
When testing these applications:
Document your experiences to provide feedback to developers.
Experiment with all features to understand the full capabilities of each application.
Report any bugs or issues you encounter to help improve the final versions of the applications.
The Circularity Finance ecosystem on the XDC Testnet, presents an exciting opportunity to experience the future of decentralized applications in a risk-free environment. Through platforms like Chainlist and the XDC faucet, Circularity Finance is enabling public testing of their cutting-edge DApps, inviting feedback, and iterating towards perfection. Whether you are a budding entrepreneur, developer, or simply a curious individual, now is the time to explore the potential of decentralized applications on the XDC Testnet.
