Guide you to interactive Monad test network step by step

Original | Odaily Planet Daily ( @OdailyChina )

Author | Asher ( @Asher_0210 )

Monad, a top-tier project that raised $225 million in funding led by Paradigm in April last year, is finally available for interaction. Last night, Monad announced on the X platform that the Monad Testnet is now officially online and has sent test coins to over 8.8 million active Ethereum addresses.

Monad Testnet is now live

Next, Odaily Planet Daily will take you to understand the basic overview of Monad, as well as how to participate in the Monad test network interaction as soon as possible.

Project Introduction

Monad was developed by the Pyth and Solana teams over a period of more than two years and is a high-performance L1 public chain compatible with Ethereum. According to the official documentation, Monad defines itself as a high-performance L1 compatible with EVM using the PoS mechanism, aiming to create a new paradigm of public chain possibilities through pipeline execution of Ethereum transactions. Its key innovations include MonadDB (a database designed specifically for Ethereum state access) and Optimistic parallel execution (ensuring high TPS with minimal overhead). Monad separates the consensus layer and the execution layer, further improving scalability and enabling developers to build applications that require excellent performance and low latency.

Monad’s breakthroughs make it a powerful platform for enterprise-level applications, providing developers with the tools they need to create high TPS DApps while maintaining compatibility with Ethereum and embracing the future of blockchain innovation.

On the evening of April 9, 2024, Monad Labs announced that it had completed a $225 million financing at a valuation of $3 billion, led by Paradigm, with participation from Electric Capital and Greenoaks. As the most watched project in the Layer 1 track, Monad, which focuses on the concept of Parallel EVM, hopes to introduce a parallel processing execution layer expansion solution to greatly improve network execution efficiency while being 100% compatible with all EVM byte symbols.

Nexus: A parallelized proof-of-stake mining network

STEP 1. Add the test network (link: https://testnet.monad.xyz/) : After entering the link, click Manually add network, click Add Testnet to MetaMask, and click Continue.

STEP 2. Receive test coins and bind Discord account: Click Connect Wallet and fill in the test coin address in the drop-down interface, click Get Testnet MON, and click Connect Discord to authorize the Discord account. (Currently, the test coin collection has not been fixed, so you can continue reading to understand what interactions you can do after receiving the test coins.)

STEP 3. Continue to the following interface and complete the first transaction on the test network: enter the number of tokens to be purchased in the three corresponding input boxes, and buy DAK, YAKI, and CHOG respectively.

STEP 4. Continue to the next interface and complete the Spotlight task: click Play Now and then click Register and Play for free to log in with your Google account.

STEP 5. After successfully logging in, keep clicking “Continue” until “Claim 100 $fMON” appears.

STEP 6. Click Shop and then Claim to sign in daily.

STEP 7. Click on the website (link: https://testnet.lilchogstars.com/ ) and mint an NFT.

STEP 8. Click on the website (link: https://app.nad.domains/ ) and register a domain name.