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Mavryk Network Step By Step Guide - Free Airdrop With Huge Potential

Channel

Defi Edwin

14 days ago

Score: 500

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

The video provides a detailed guide on participating in the Mavryk Network testnet airdrop, a Layer 1 blockchain project focused on enterprise adoption. Here’s what you need to know:

Mavryk Network

  • Core Functionality: A business-oriented Layer 1 blockchain designed for mainstream adoption through SaaS solutions.
  • Recent Updates: The project has raised $5.20M and is currently running a testnet with airdrop rewards for participants.
  • Reason to Farm: High potential rewards due to the project’s funding and enterprise focus. Testnet participation is straightforward and offers future token allocations.
  • Participation:
    1. Download the Mavryk Wallet (Chrome extension).
    2. Activate the "Pro" version to enable transactions.
    3. Claim testnet tokens (USDT, NVNRK, NVN) via Telegram or the faucet website.
    4. Interact with the testnet by depositing, borrowing, staking, and delegating tokens.
    5. Complete additional tasks on Equiteez and Galxe for more rewards.

Key Insights:

  • The presenter emphasizes daily interactions (staking, borrowing, delegating) to maximize rewards.
  • Claiming tokens via Telegram is faster than the faucet website.
  • The testnet dashboard is user-friendly, but some features are still under development.

Why It Matters: This airdrop is worth pursuing due to the project’s strong funding and enterprise focus, making it a high-potential opportunity for early participants.

Transcript

Hello guys, Edwin here. Today I'm going to be talking about Maviak Testnet. Okay, so they raised $5 million and they currently have their Testnet ongoing, which we can participate in and earn future rewards. So I'll be leaving all the links in the description below. Make sure you check and follow the step-by-step guide. I'll be leaving in the description below. Okay, so what you have to do is download the Maviak wallet. Let's copy this. Let's go ahead and download the Maviak wallet on Chrome. I'm using web browser right now. So when you get here, just make sure you add it to your browser. If you are using Google Chrome, Microsoft Edge or anything, just come here and add it to your browser. So that's it for now. After doing that, make sure you open your Maviak wallet and create your wallet. You see your seed phrase. That's like how you did for your MetaMax wallet, your AKX wallet and Xterra. Let's log in. So once logged in, make sure you click on Pro. You'll see a button right here. Just click on Get Pro. The button says Get Pro. Make sure you click on it. If you don't activate it to Pro, you can't make transactions. So just click on this and click on Get Pro. You can skip these parts. You can skip this part. Don't input anything right here. You just click on Get Pro and your wallet will be activated. Make sure you are on the Maviak Atlas Net 2. Okay. So once you've done that, this is the dashboard. This is the main dashboard. You come here and connect your wallet. This is your wallet's address. Okay. So you copy this wallet address and we claim facets. We are going to be using the facets to interact with the testnet. So head over to the Telegram page and you can see people are requesting for facets right here on their Telegram. Requesting on their Telegram is faster than requesting from their websites. So how do we request facets? We need to use slash usdt slash nvrk or slash nvn to request for the facets. Okay. So let's start with the usdt. It types usdt. Then you input your wallet address. So we are done with the usdt. Let's repeat for nvrk. So the same thing. Slash nvrk. Okay. Same thing. It sent. Okay. Slow mode is activated. You have to wait. So that's how you do it. If a slow mode is activated, you have to claim from their website. I'll be leaving the link in the description below also. Let's go ahead. This is the link to the facets. Okay. So this is the link to the facets. We copy this. But claiming on their website is a little bit slow. So the best thing to do is claim on their Telegram. They now have a timer on it. Let's go ahead and try again. Okay. It's worked now. So when you paste your wallet address, you have to wait. So we requested for usdt and we requested for nvrk right here. Let's go ahead and request for nvn. Okay. So nvn. And you paste your wallet address. This is her wallet address. So you have to wait for the slow mode to finish. Let's go ahead and check the facets. This is the facets. When you come here, you can simply just connect your wallet and request for nvrk, nvn, and usdt right here. And sometimes this is very slow. So you have to request from the Telegram. Let's wait for a little while for the timer to cool down and request for the last tokens. Let's try and see. Okay. So it worked. We are done now. The tokens will descense your wallet. So once done, you can also request from the website. But you see it's very slow. Once done, we need to go to the testnet and start interacting. When you get here, click on earn. You need to deposit USDT or nvnrk to start earning. So click on deposit and earn right under the nvnrk. If we demand you want to deposit 30 nvnrk. Click on deposit and confirm in your wallet. So you can see this poker. Let's click on confirm. So our tokens have been deposited. Let's go back. And repeat the same step for USDT. Click deposit and earn. Let's deposit some. Let's deposit about $200. Okay. Click deposit and confirm in your Mervia wallet. Test as you did for your nvnrk deposits. So let's put it for the deposit. Confirm. So our deposits have been complete. We just completed the deposit and earn task. Let's head over to the borrow task. So right here, we borrow some nvnrk and borrow some USDT. Click on borrow nvnrk. Click on new vaults. Let's give your vaults any name. I want to use Edwin. Click on 222. Click continue. How much do you want to deposit? I want to deposit 30 nvnrk. Let's select the validator. My React Dynamics. Click continue. Click create vaults. We confirm in our wallet. Just as we do all the time. So after borrowing nvnrk, head back and repeat the same step for USDT also. Let's borrow USDT. Let's give our vaults any name. So click continue. You want to borrow USDT. How to borrow 30? Click continue. Create vaults. Accept the connection in your wallet and you are good to go. So we just borrow some USDT and yeah. You can also come back and repay but yes. Just don't do this often. Just borrow more often than you repay often. So yes. But make sure you explore all the features. Some of the features are not live yet. So after borrowing, we need to go ahead and stake some of our tokens. Let's go ahead and stake some nvn tokens. So let's stake about fourth. Click stake. Confirm in your wallet. Confirm. So we just finished staking and you can also un-stake your tokens but stake more than you un-stake. Just if you want to un-stake. Un-stake just a little bit amount of your tokens. Okay. And confirm your wallet. Just to increase your interaction on the testnet. Okay. We just un-stake some of our tokens. After staking, let's go to satellites and delegate some of our tokens to any random satellites of your choice. So head over to satellites in the menu. There are some satellites here. One, two, three. Okay. Just select any of them. Click delegate here. Confirm in your wallet. After staking, you can delegate. If you don't stake, you can't delegate. So you'll be delegating the tokens you've staked to any of these validators right here. So that's all on the testnet. Just repeat the steps I did. I'll be leaving a detailed description below also. Most of these interactions are not slidged yet. Okay. You can see most of these interactions are not slidged yet. And yeah, make sure you join our telegram. I'll be updating you when they go live. That's all for now for the testnet. So right after speaking and delegating on any satellites of your choice, head over to equities and just play some trades. You buy assets right here. Okay. You can buy any assets. There are one, two, three, four assets right here you can buy. So click any of them. Let's click HiltonMars1. Wait for the page to load and buy. You can buy and sell right here. So click buy. Go down and click buy. You can see we have some facets here. We can use our USDT to buy the HiltonMars1 token. So let's convert about $100. Okay. Continue. Initial. I want to use DE for DeFi Edwin. So buy. Okay. Let's accept this. Terms and conditions. Click buy. Okay. So we just bought the HiltonMars1. We just invested in the HiltonMars1. You can also go ahead and sell. But I think the sell feature isn't working right now. Let's see. Zero points. Okay. It's working now. You can go ahead and sell some of your assets. Okay. Just click continue and accept it in your wallet. You can also head back and repeat this same step for the other assets right here. Okay. You can click on not sex us and repeat the same step. Let's buy about $20. And make sure you claim facet daily. Okay. To interact with the test nets more often. Make sure you are claiming facet daily. You are staking daily. You are depositing and earning daily. And you delegate daily. You borrow daily. Okay. I also leave a detailed description below. Make sure you join our telegram also. That's all for the test nets. So confirm this in your wallet. And yes. Repeat the same step for the other properties. Like I said. The last thing to do is head over to the Gauss quest and complete the available task. You are going to need gravity tokens. You can get gravity tokens on jumper.exchange. Or relay.link. You can also get gravity tokens on Binance. So yes. You can here. You make sure you complete all these tasks right here. Some of them are ending very soon. You can see this one ended. This one. This one. This one ended. So yes. I couldn't make a video last month because the test net wasn't working for me. Not so many. I had to activate my wallet to a pro version and nobody told me. So I just found out yesterday. If you are facing that issue. You just click on your wallet. Okay. Make sure you click on your wallet. This get pro right here. There is a get pro button right here. Okay. That's all. Comment below if you face any issues. Make sure you join our telegram. Don't forget that. And please like the video and subscribe for more updates. Thank you for watching. Peace.

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Duration12:37
Mavryk Network Step By Step Guide - Free Airdrop With Huge Potential | YouTube Summary