Polaris — DeFi Testnet Deployment Guide | CHOMP Waitlist Registration

Project Alpha Update: Polaris & CHOMP

Type: Multi-Protocol Opportunity [Testnet / Social WL]

Potential Reward: Early user roles, ecosystem bonuses ($WETH/$USDp), and priority access via ability or email registration.


Quick Info Block

  • Funding - Polaris: $1 million
  • Funding - CHOMP: $3.6 million (BlueYard, Jsquare, Accomplice, Big Brain Holdings)
  • Cost: Free (Sepolia ETH faucet required for gasless simulation if applicable per network lack of fee mention otherwise free testing tokens)

⚠️ Critical Notes

  • Network Dependency: For Polaris, you must use any compatible Ethereum wallet able to interact with Sepolia Testnet assets. Ensure enough Sepolia ETH is claimed before attempting swaps or minting operations.
  • Waitlist Status: Currently, there are no active tasks/events pending certain updates specifically for CHOMP—the current phase is strictly securing a spot in the Waitlist through email submission.

⚡ Strategy & Lifehacks

  • Polaris Maximization Alpha: To maximize potential rewards like 'early user roles,' do not just perform simple swaps. You should aim for complex interactions involving liquidity provision and locking vePOLARto simulate long-term protocol usage. This increases your footprint compared to users who only swap or claim coins.
  • CHOMP Priority Hack: Since this project relies on social prediction mechanisms ('predict other people's opinions'), focus monitoring abilityon early product access via waitlist entry as future activities will likely involve high engagement (answering questions).

Action Steps - Polaris DeFi Testnet

  1. Go to testnet.polaris.finance and connect your crypto wallet.
  2. Claim faucet tokens by clicking "Get Sepolia ETH" at the top of the site (Mandatory if starting from zero any amountt needed enough to cover gasless simulation lackset otherwise follow steps below even without it but recommended first).
  3. Swap $sepETH/WETH using the Swap function (target URL) properly checking balance requirements.
  4. Mint USDp & GOLDp through the minting interface link here (High priority for role eligibility).
  5. Utilize professional degen loops:
      - Use 'Reserve Loan' or 'Loan' featureto make deposits according {the protocol mechanism}. - Navigate to Earn section: Lock vePOLAR, this is a key step for long term status simulations. [vePOLAR link](https://testnet.polaris.finance/vepolar) - Provide liquidity via the Liquidity tab [Link] - This maximizes your activity score compared to simple users. |[RefersToLiquidityTab()|

      Action Steps - CHOMP Social Waitlist

      1. Navigate to chomp.fyi.
      2. Enter any valid email address into the registration field and click "LET ME IN".
      3. Monitor inbox regularly—you must wait for the confirmation letter if you want to ensure entry was successful; follow social announcements closely while waiting for active product launch tasks.

! DYOR (Do Your Own Research)