Nexon Finance Testnet (zkSync)

Cryptonur
3 min readJan 25, 2023

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Nexon Finance is a transparent & safe DeFi lending protocol on zkSync where you can lend and borrow crypto-assets with Nexon more efficiently than any existing solutions on market, thanks to the first decentralized lending protocol on zkSync.

Thanks to zkSync’s low network congestion, they reduce gas costs significantly without losing sefety and control.

By leveraging zkSync’s roll-up architecture, they provide instant transactions and extra-fast token transfers.

Today, we are going to use this platform and increase our tx on zkSync to increase our chances of getting airdrop.

Let’s start.

Firstly, you need to have zkSync alpha testnet network on your metamask.

Go to this link: https://chainlist.org/chain/280

Connect your wallet and add to metamask.

Then, visit the Nexon Finance.

Connect your wallet. Open colleteral for all tokens.

Click any of them, click MAX button and Approve. You need to do this to all tokens. Then Supply button will appera. Click Supply button and approve in Metamask.

Now that we have supplied tokens to platform, we can borrow any other coin. Click BORROW button. Click SAFE MAX button. And click Borrow button. Approve in Metamask wallet and done. You can apply the same steps for other tokens (ETH, DAI, USDC, WBTC)

Now, let’s use WITHDRAW feature. As we have deposited some tokens, we need to withdraw them to our Metamask wallet. Click SAFE MAX button and Withdraw button. You need to approve in wallet again.

Then, last feature is REPAY. As we have borrowed some tokens from the platform, we need to pay that back. Click SAFE MAX to pay all and then click Repay button. Approve in wallet.

Now it’s time to give feedback.

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Cryptonur
Cryptonur

Written by Cryptonur

Crypto enthusiast, node operator, content writer

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