Penguinswap is live on testnet! Participate and earn using Creditcoin's DEX!

Penguinswap is live on testnet! Participate and earn using Creditcoin's DEX!

Welcome to Penguinswap, the decentralized exchange (DEX) at the center of the Creditcoin ecosystem. As your gateway to seamless and innovative trading, Penguinswap is officially available on testnet—an essential step towards releasing Penguinswap’s upcoming mainnet. Join us on this exciting journey to test, explore, and help shape the future of decentralized finance (DeFi.)

Participate and Get Rewarded

Community participation in Penguinswap's testnet phase is crucial for building a robust, secure DEX that truly serves Creditcoin users. By testing features, identifying potential vulnerabilities, and providing feedback, community members play a vital role in hardening the protocol before mainnet launch.

This collaborative testing approach helps ensure Penguinswap can reliably handle real-world trading volumes and scenarios while maintaining the decentralized ethos that's core to the Creditcoin ecosystem. Every bug found and workflow improved during testnet brings us closer to a more resilient and user-friendly DEX!

To thank our early testers, you'll be rewarded with:

  1. Mainnet Tokens
    Active participants on the testnet will receive CTC (EVM), allowing you to cover gas fees effortlessly when Penguinswap launches on mainnet.
  2. Ecosystem Partner Airdrops
    Valuable contributors will have the chance to earn airdropped tokens from our ecosystem partners that will launch their tokens on Penguinswap. Here’s how you can stand out:
    • Be an active part of the Penguinswap Discord channel.
    • Share your feedback and suggestions to help us improve.
    • Engage with us and show support on social media.

Your efforts won’t go unnoticed—we’re looking for genuine contributions that drive the success of Penguinswap.

How to Interact with Penguinswap Testnet

Get started with Penguinswap:

  1. Download Credit Wallet
    You’ll first need to download Credit Wallet, the official wallet for managing your Creditcoin network assets.
  2. Access the Testnet Faucet and Enable Testnet Assets
    Need tokens to get started? Follow our Testnet Faucet Guide for step-by-step instructions on how to claim testnet tokens. Before using the tokens on Penguinswap, you must enable testnet assets within Credit Wallet. Learn how in our Guide to Enabling Testnet Assets.
  3. Test Core DEX Features
    After connecting your Credit Wallet to Penguinswap, you’re now ready to dive in and help us fine-tune its features by trying out the following:
    • Swapping Tokens: Experience the intuitive and efficient trading process by swapping various test tokens.
    • Creating Tokens and Liquidity Pools: Experiment with creating your own tokens and liquidity pools to explore the platform's flexibility.
    • Providing Liquidity: Add liquidity to existing pools and explore potential earning opportunities.
    • Collecting Fees: Earn rewards for your staked positions by supporting liquidity on the platform.

If you have any questions, refer to the user guide for detailed instructions.

Additionally, if you’ve created a token and want it to appear on Penguinswap with the token’s logo, please complete this form so we can update it on our end.

Bonus Reward Program: Bug Bounties

The Penguinswap Bug Bounty Program will be revealed shortly! This will be your opportunity to contribute to the security and reliability of the Creditcoin protocol. We're committing up to 20,000 CTC (G-CRE) for the discovery of bugs on Penguinswap!

Your rewards will be based on the severity of the bugs reported. Keep an eye out for further details!

  1. Penguinswap
  2. Penguinswap user guide
  3. Use testnet faucet
  4. Enable testnet tokens on Credit Wallet
  5. Connect to Penguinswap using Credit Wallet
  6. Connect to Creditcoin using Metamask

Ready to Dive In?

Visit Penguinswap today and start exploring the testnet. Together, we can make this DEX a powerhouse for decentralized trading and liquidity management. Thank you for being part of this exciting phase. Let’s build the future of DeFi, block by block, one swap at a time!