Tren Finance Launches its Testnet

Tren Finance Announces the Launch of its Testnet

Tren Finance's Testnet has officially went live, offering early participants the chance to experience platform features and earn rewards before the mainnet launch. By redeeming an invite code, users gain access to the testnet and secure a 2x points multiplier for when the mainnet launches. Early users also receive two additional invite codes to share with friends.

Benefits of Tren's Referral System

Tren's referral program offers benefits to both parties involved. When a user invites another, the invitee gets a 2x multiplier, and the inviter receives 15% of the invitee’s earned points. This system incentivizes genuine referrals and prevents sybil attacks, enhancing overall platform security.

Tren's Testnet Phase Utility

During the testnet phase, users can borrow trenUSD against deposited testnet collateral and stake trenUSD in the Stability Pool. These activities allow users to explore Tren’s loan operations and staking mechanics, providing valuable feedback for further refinement. For more information and assistance, users are encouraged to consult Tren’s comprehensive documentation and join the community on Discord and other social media channels.

About Tren Finance

Tren Finance is a CDP protocol designed to provide liquidity for various types of assets. Developed by a team of experienced DeFi enthusiasts, Tren aims to unlock greater capital efficiency for a wide range of crypto assets.