ZeroLiquid Testnet Competition Round 1

ZeroLiquid
2 min readMay 16, 2023

At ZeroLiquid, the security of funds is of utmost importance. Ahead of mainnet we are running a number of testnet competitions to complement the audit and our own internal testing.

This is also an opportunity for the most engaged within our community to provide feedback on potential improvements. $ZERO rewards are up for grabs too, read on for details.

Round 1 is live now for whitelisted addresses and runs until Sunday, May 28th at 9PM UTC.

How To Participate

We want you to use the dApp as you would on mainnet, but here are some examples of steps you could take.

  • Deposit Goerli WETH* in the protocol.
  • Take out loan(s).
  • Allow loan(s) to repay themselves (self-repay) over time.
  • Repay loan(s) early.
  • Self-liquidate loan(s).

*The testnet protocol currently works with Goerli WETH. To obtain it, follow these instructions to swap your Goerli ETH for Goerli WETH.

1. Visit this Goerli Etherscan page
2. Click “Contract” then “Write contract”
3. Click “Connect to Web3” to connect to your wallet on the Goerli network
4. In the deposit field, enter an amount of Goerli ETH and click “Write”
5. Confirm the transaction in your wallet. This will swap your Goerli ETH for Goerli WETH.

Knowns Bugs

  • The loan progress bar has a front-end issue which will be fixed shortly.
  • Also note that due to skewed liquidity ratios on Goerli, there will be some dust left when liquidating loans. This will not be an issue on mainnet.

Providing Feedback

If you discover any potential bugs (even if you are not 100% sure it is a bug) or have any feedback to provide, please submit via this Google Form.

Rewards

The following $ZERO token rewards are up for grabs, varying depending on the scope of the submission:

  • Accepted UI/UX improvement: $50–200
  • Contract bug: $100–500
  • Exploit: $500–5,000

Thanks for taking part to help us launch smoothly. If you have any questions in the meantime, hit us up on Telegram.

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ZeroLiquid

Use your LSD tokens to get self-repaying, 0% interest loans without the risk of liquidation.