> For the complete documentation index, see [llms.txt](https://docs.dano.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dano.finance/news/leverage-trading-incentivized-testnet.md).

# Leverage Trading Incentivized Testnet

## Introducing the Danogo Leveraged Trading Testnet

Trade with leverage. Earn rewards. Help harden Cardano’s next-gen margin engine.

We’re excited to launch the Danogo Leveraged Trading Testnet—a big step toward safe, capital-efficient leveraged trading on Cardano. This is your chance to open test positions, push the UI/UX, and earn token rewards while we finalize the core mechanics ahead of mainnet.

### What Is Danogo Leveraged Trading?

Danogo’s leveraged trading lets you:

* Open long/short positions on supported pairs (e.g., BTC/USDM, ADA/USDM)
* Borrow from Danogo’s lending pools to amplify exposure
* Close position to take profit or stop loss.
* Settle on-chain— fully decentralized, transparent, composable<br>

### 📣 Why Join

* Earn rewards for completing simple on-chain tasks and sharing feedback
* Shape the product that margin traders will use on Cardano
* Become an early adopter of Danogo’s leverage + lending stack<br>

### 💡 How It Works (3 Simple Steps)

1. Register your Cardano preproduct wallet and receive faucet token
2. Open test positions (long/short), adjust leverage, try partial close + full close.
3. Submit feedback and claim rewards—no real funds required (test assets only).<br>

### ✅ How to Join

* Register: <https://forms.gle/s1KSi9poesCju7kp9>
* Get test assets:&#x20;
  * For ADA (choose Prepod network) : <https://docs.cardano.org/cardano-testnets/tools/faucet>
  * For other tokens: <https://preprod.danogo.io/testnet-faucet>
* Access the testnet app:  <https://testnet.danogo.io/>
* Submit feedback/bugs:  <https://forms.gle/WpdEBCvU3GLfwkYX7>
* Spread the word on X/Discord with #DanogoTestnet and tag @DanogoFinance&#x20;

### ⚠️ Important Notes

* Testnet uses test ADA/fUSDM/fBTC/fUSDA—no real funds.
* You must register the wallet you use to be eligible for rewards.\ <br>

***

### 🏆 Incentives & Point System

Rewards Pool: 100,000 $DANO allocated to testnet participants.\
Your share scales with your total points.

#### Main Tasks

| Task                                                           | Max Points |
| -------------------------------------------------------------- | ---------- |
| Open 6 positions (any mix of long/short)                       | 6 pts      |
| Close 6 positions                                              | 6 pts      |
| Submit feedback or bug report (clear repro steps/logs/screens) | 5 pts      |
| Share a post on X (Twitter) about your test experience         | 3 pts      |

💡 Tip: Quality feedback (clear titles, steps, screenshots/tx links, expected vs actual) helps us fix things fast—and enables you to score maximum points.

***

### 🧭 What We Want You to Test&#x20;

* Open/close on BTC/USDM and ADA/USDM
* Leverage slider & numeric input behavior
* Full close flows
* Fees/interest display (clarity + math checks)
* TP/SL placement, cancel, and execution UX
* Error states (insufficient collateral, price moved, oracle delay)<br>

***

### 🗓 Timeline&#x20;

* Registration opens: September 18th
* Testing window: \[September 22 – September 29]
* Feedback deadline: October 06
* Rewards calculation & announcement: October 14<br>

***

### 🏆Guide line&#x20;

* Disclaimer
  * Prices shown on the testnet are based on mock DEX pools. These do not represent the actual market prices of the token pair.
* How to Open Position
  * Go to mainscreen: <https://testnet.danogo.io/>
    \*

    ```
    <figure><img src="/files/pVE6zpKJQ61GAFtVQ8Qu" alt=""><figcaption></figcaption></figure>
    ```
  * Connect wallet

    * Click on button Connect Wallet
    * On popup Connect Wallet, click on chosen wallet
      * The system only displays wallets for which you have installed the plugin.
    *

    ```
    <figure><img src="/files/rSSAMrqb0cZdJD6162hu" alt=""><figcaption></figcaption></figure>
    ```
* Choose Pair to trading

  * Click on the trading pair which you want to trade
  *

  ```
  <figure><img src="/files/cHFG5czk7yTDpDu1uQeA" alt=""><figcaption></figcaption></figure>
  ```
* On the right panel, input position Information
  \*

  ```
  <figure><img src="/files/9eANmDB0oihXMPwd3P0K" alt=""><figcaption></figcaption></figure>
  ```

  * Select position type : long/short
  * Choose deposit token:
    * Click on icon dropdown to change deposit token
    * On popup, choose token
      \*

      ```
      <figure><img src="/files/WXaj53JQBWsuySFDcBlr" alt=""><figcaption></figcaption></figure>
      ```
  * Input collateral amount
  * Choose leverage
  * Check Position information and click on Open Long/Short
    \*

    ```
    <figure><img src="/files/7s2o9bTLX39wnErSVPU6" alt=""><figcaption></figcaption></figure>
    ```
  * Sign the transaction
* How to Close Position
  * Go to main screen: <https://testnet.danogo.io/>
    \*

    ```
    <figure><img src="/files/ZgGLpm1AQKnjWXEAEsKF" alt=""><figcaption></figcaption></figure>
    ```
  * Connect wallet
  * On position list, select position that you want to close
  * Click Close button
  * Sign the transaction

\ <br>