MatrixETF Beta Open Test Activity Guide

MatrixETF beta open test activity is about to launch on 07/09/2021, do not hesitate to participate in the open test activity! You will get the chance to receive the Token airdrops, NFT etc. Here is our specific test process:

Ethereum ETF product open test

1.Switch the internet and get test tokens

For example of Metamask:

1.1 Open Metamask and choose Kovan Test Network

1.2 Open Faucet link to Click linkfaucet.protofire.io, and fill out your ETH wallet address, click “Send” to pick ETH tokens on Kovan network.

1.3 Open Faucet link and fill out ETH wallet address in the red frame, click “Send me test coin” to pick SOL/ETH0/SOL0/BTC0 test tokens on Kovan network.

After pick up the tokens, you need to add the smart contract address on Metamask to see how much you got.

Smart contract addresses of test tokens:

  • BTC0:0x181987a23079b300415cd0e70b4fd41474be3d32
  • ETH0:0x2d6ba94266688bd5f9a3f0fe86c6d04d38abdf43
  • SOL0:0xfca3f9cfa54735b6ed00f978f9a3fbe147bbe346
  • ETF+:0x1ab647fdc636a6048226ba99653ecc319a0c2484

You can add tokens in Metamask like this below:

2.Connect with your wallet and choose test ETF products

2.1 Open The beta activity link, click Connect Wallet on the right-up side, choose Ethereum and connect Metamask

2.2 Choose ETF+ and click Overview to see the details.

3.Presentation of ETF product page

There are 4 parts on the MatrixETF product page:

1.ETF Total Value Locked and K line

2.ETF product sorts

3.Main operation of ETF

4.Wallet balance

MatrixETF Beta open test activity mainly focuse on the third part, this part includes 5 operations which are the main functions for the future:

  • Buy: purchase shares with ETH and other basic assets.
  • Mint: purchase shares with a basket of tokens corresponding to the fund.
  • Swap: transaction between tokens of the fund and ETH. It will be extended to the transaction and exchange among the tokens of the fund, ETH and any one of the basket of tokens.( The complete function will be release after open test)
  • Redeem: redeem a basket of tokens with shares
  • Info: details information of the fund, including the logic, standards for currency selection, etc.

4.Operation of “BUY”

1.click “Approve” to offer the right to the interaction

2.Enter the amount of ETF+ and click “buy”

3.Refresh then you will see how much ETF+ you have bought.

Note: Approve/Buy operations all need to confirm with Metamask.

5.Operation of “MINT”

There are 2 kinds of Mint methods include Mint ETH(ERC20) and Multi Mint ETF

5.1 Steps of minting Multi ETF Assets:

1.click “Mint” and confirm you are in the “Mint” page

2.Click “Multi Assets” to exchange different tokens with ETF+

3.Click “Approve” to allow MatrixETF to use your ETH0/SOL0/BTC0 tokens (there will be 3 times “Approve” that you need to click up)

4.Enter the amount of ETF+ which you want to mint

5.Click “Mint” and confirm in Metamask

6.Click “Refresh” and you will see the amount that you have minted ETF+

Note: Approve/Mint operations need to confirm in Metamask.

5.2 the steps of minting ETH(ERC20):

The process of minting ETH(ERC20) is similiar with minting Multi ETF Asset as below:

6.Operation of “REDEEM”

There are 2 kinds of Redeem methods including ETH(ERC20) and Multi ETF Assets, here is the way redeem Multi ETF Assets below:

6.1 Steps of redeeming Multi ETF Assets

1.click “Redeem” and confirm you are in the “Redeem” page

2.Click “Multi Assets” to exchange different tokens with ETF+

3.Click “Approve” to allow MatrixETF to use your ETH0/SOL0/BTC0 tokens

4.Enter the amount of ETF+ which you want to redeem

5.Click “Redeem” and confirm in Metamask

6.Click “Refresh” and you will see the amount that you have redeemed ETF+

Note: Approve/Mint operations need to confirm in Metamask.

6.2 The steps of redeeming ETH(ERC20):

The process of redeeming ETH(ERC20) is similiar with redeeming Multi ETF Asset as below:

Solana ETF product open test

1.register Solana wallet

Open Solana wallet and register your own wallet

2.pick solana test tokens

Open Faucet link and fill out Solana wallet address in the red frame, click “Send me test coin” to pick ETH0/SOL0/BTC0 test tokens on Solana devnet

3.Choose Solana ETF product

Choose MDI and click Overview to see the details.

4.Connect with Solana wallet and choose ETF products

Due to DEX trading function of Solana testnet is blocked, at this time we can only Mint and Redeem on Solana testnet. Our team will complete Solana ETF functions in future, please be patient.

Click Connect Wallet and choose Sollet wallet

5.Chose Solana Devnet testnet

Input the password and choose “api.devnet.solana.com testnet”

6.Operation of “MINT”

Solana testnet only support minting Multi Assets

1.Click Mint and confirm you are in the Mint page

2.Enter the amount MDI that you want to mint

3.Click Mint button

4.Confirm with Sollet wallet

5.The balance of BTC0/ETH0/SOL0 decreases which proves Mint is valid.

7.Operation of REDEEM

Solanan testnet only support Multi Assets redeem

1.Click Redeem and confirm you are in the Redeem page

2.Enter the amount of MDI that you want to redeem

3.Click Redeem

4.Interact with Solana wallet to finish the transaction

5.Clikc Refresh and you will see BTC0/ETH0/SOL0 tokens that you have redeemed.

Bug & Propose Program

During the beta open test of MatrixETF, if you propose any bugs, errors and improvemnet to us, you will have the chance to get the extra rewards.

Note: If the same bugs or improvements have been proposed to us, we will give the rewards to the ones with more specific solutions!

About MatrixETF:

MatrixETF is the next generation of decentralized ETF platform to run the cross chain,which goal is to establish a decentralized, automated, personalized and diversified portfolio for users, as well as help users easily enjoy long-term, stable and efficient financial services.

Our official social medias:

Website:https://www.matrixetf.finance/

Twitter:https://twitter.com/MatrixETF

Medium:https://medium.com/@MatrixETF

Telegram: https://t.me/MatrixETF

Github :https://github.com/MatrixETF

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The Next Generation of ETF, Cross Chain Enabled. Website:https://www.matrixetf.finance/ App:https://app.matrixetf.finance/

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MatrixETF

MatrixETF

The Next Generation of ETF, Cross Chain Enabled. Website:https://www.matrixetf.finance/ App:https://app.matrixetf.finance/

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