Phuture Alpha Testnet guide

Enthusiast
3 min readJul 30, 2021

To participate in the testnet, it is better to use Metamask

Preparing for the testnet

  1. Connect your wallet to the Rinkeby testnet. You can find out how to switch networks here.
  2. Ensure your wallet has Rinkeby ETH. You can obtain testnet ETH from this faucet.
  3. You will need USDC to create and mint indices. This is obtained by converting some of the ETH you received in the previous step on this Uniswap pool.

You are now ready to start creating, minting and redeeming indices!

Index creation

Go to the Phuture testnet app and connect your wallet

Click “Create index”

The “Index sector” page will open. Click on it

Click “Add asset”

A list of available assets will appear. Choose assets of your choice

Scroll down and click “Continue”

Select weighting method and click “Continue”

Select an index picture (optional), index symbol and name. Fill in the “Pay with”

Scroll down to see the “Index Summary”. Check the details and click “Approve”. In the metamask window that opens, read the information and click “Sign”

Click “Create INDEX”. In the metamask window that opens, read the information and click “Confirm”.

The page will refresh and a list of your indices and statistics will appear.

Done!

By clicking “View”, you can study the index in more detail (Asset Allocation, statistics, etc.), mint and redeem it.

Mint

Click “Mint” on the index page

Fill in the “Pay with” field and click “Approve”. In the opened Metamask window, read the information and click “Sign”

Click “Mint”. In the opened Metamask window, read the information and click “Confirm”

Done!

Redeem

Click “Redeem” on the index page

Enter amount and click “Approve”. In the opened Metamask window, read the information and click “Sign”

Click “Redeem”. In the opened Metamask window, read the information and click “Confirm”

Done!

Please submit your feedback here. The best constructive feedback will be rewarded with PHTR tokens.

To learn more about Phuture, visit our website or read our documentation.

Want to be a part of the Phuture community? Join us now on Telegram, Twitter, Discord, Linkedin, and Instagram to stay updated.

--

--

Enthusiast

Crypto enthusiast, cryptocurrency analyst and just a good man :)