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

📣 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

💡 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).

✅ How to Join

⚠️ Important Notes

  • Testnet uses test ADA/fUSDM/fBTC/fUSDA—no real funds.

  • You must register the wallet you use to be eligible for rewards.


🏆 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

  • 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)


🗓 Timeline

  • Registration opens: September 18th

  • Testing window: [September 22 – September 29]

  • Feedback deadline: October 06

  • Rewards calculation & announcement: October 14


🏆Guide line

  • 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/

    • 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.

  • Choose Pair to trading

    • Click on the trading pair which you want to trade

  • On the right panel, input position Information

    • Select position type : long/short

    • Choose deposit token:

      • Click on icon dropdown to change deposit token

      • On popup, choose token

    • Input collateral amount

    • Choose leverage

    • Check Position information and click on Open Long/Short

    • Sign the transaction

  • How to Close Position

    • Go to main screen: https://testnet.danogo.io/

    • Connect wallet

    • On position list, select position that you want to close

    • Click Close button

    • Sign the transaction

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