📋How to use Kovan Testnet

Testnet Program

MonoX Testnet program is launching on Kovan Testnet where users can explore and contribute to our bug bounty program!

A $10,000 reward pool of $MONO will be distributed to participants for engaging in activities such as supplying liquidity, withdrawing liquidity, swapping and adding a new token.

We have activities for users to test key functionalities as well as bug bounties for any feedback or bugs found when testing. Tokens will be weighted by the kind of bugs found by the community, rated from low, medium or high importance.

Getting Started

  1. Switch from “Ethereum Mainnet” to “Kovan Test Network

2. Proceed to https://beta.monox.finance.

3. Click on the “Connect Wallet” button located at the top right corner and select the wallet you wish to connect with.

4. Upon successfully connecting your wallet, to Kovan the Icon and your wallet address will be displayed at the top of the Dapp

Kovan Testnet charges gas fees for transactions. Kovan Testnet’s native currency is KETH. Therefore, gas fees are paid in KETH. To send transactions on Kovan Testnet, you need a sufficient KETH balance.

However, the Kovan Testnet is a completely separate blockchain from the Ethereum Mainnet. As such, to obtain KETH, simply:

Proceed to: https://faucet.kovan.network/ Read our medium post to learn more about the Testnet Program.