How to use Kriya Swap on Devnet
Also find a primer on our incentivised beta testing program
Happy Monday Kriya fam!
We’re pleased to announce the release of our first public product. Kriya Swap, a spot AMM that’ll be the bedrock for our derivatives exchange. 🥳
So here are a few steps detailing how to use the product on Sui devnet 🌊
Initial setup to interact with Sui
Make sure you either have an Ethos wallet account or a Sui Wallet.
Links to chrome extensions:
Most early users of the Sui ecosystem do have their wallets in place, although we’ve observed many folks forget to reload their accounts with Sui tokens after every devnet update. If you’re one of those users, here's how to request Sui tokens
Sui official discord link: https://discord.gg/sui
Just paste this message there: !faucet <your_wallet_address>
Using Kriya Swap
Head to kriya.finance on your browser
It might redirect you to a weird URL but don’t worry, we aren’t pulling off a phishing scam. Later this swap would end up being a backend tool that streamlines liquidity management on our derivatives orderbook. Hence, the weird URL
You’ll land on a page like this:
Click on connect wallet, an Ethos wallet popup will appear. Proceed with whichever option works for you
Once connected, you should see your address appear instead of connect wallet
Head to the “Get Test Tokens” tab
Mint 500 tUSD and tBTC each (Use drop-down to switch tokens)
You might be wondering we’ve already gotten test Sui from the official faucet. Why do we need these?
Well, those will be used to pay for gas fee. Given the Sui chain itself is on devnet, except for the Sui gas token, there isn’t any real token to swap with, so we obviously had to make our own. These are tokens created by us to test the swapping capability. Don’t go by their names, these are not real BTC or USD just test tokens.
Now that we have a few test tokens, lets try swapping
Head to “Swap” tab
“Available” should show 500 if you’re doing this for the first time. It’ll change as you keep swapping tUSD to tBTC or vice-versa
As it is apparent from the price again, there are not real BTC and USD :)
Click “Confirm Order”
Your Sui or Ethos wallet extension will trigger a popup where you confirm the Swap
You should see a success notification on the bottom right of your screen
We haven’t added transaction history on the frontend yet. But you can confirm the changing balances on your chrome wallet or the “Available” amount of each token change on the Kriya frontend
Let’s try Adding Liquidity in the pool we just swapped from
Head to “Liquidity” tab
Enter any amount < Available for one of the tokens (tUSD or tBTC)
The other token’s amount will be auto-populated given the current ratio of tokens in the AMM pool.
Click “Provide Liquidity”
A similar confirmation popup will open via the Sui or Ethos chrome wallet
You’ll see a success notification on the bottom right of the page once it’s done
And on the UI, you should see your LP position
Note: As you keep adding liquidity, new positions will keep appearing.
You can click on “Harvest” and redeem individual positions. Basis your returns, coins will be credited back into your chrome wallet with an altered balance.
And that’s a hatrick of us repeating, these are test tokens, so all the profit loss in LPing and Swapping is just test money, no real-life implications
Now coming to the real-life implications: REWARDS
Submitting feedback 🎁
Join our discord server: link
Submit your feedback on the #product-feedback channel
In the feedback, attach screenshot of Step 9 from your browser
Example feedback format →
My wallet address: 0xdbca4eaa932fc5a970f63a8b633d8c864fa96adr
Feedback: Swap was smooth, LPing was slightly slow. Sign in with Ethos is very seamless
Specific bug (optional): Even after a successful swap, I get red failure notification (Attaching screenshot)
Suggestion (optional): We could make the dropdown more user friendly
What are we giving away?
In case you missed being in the first 150 participants of our server, we’re giving out OG roles to 20 random reviewers
Your wallet obviously becomes whitelisted for our token airdrops
Your wallet additionally becomes more eligible for Sui airdrops later
Everyone who spots a specific bug that is happening for every user and our tech team acknowledges not foreseeing before, get 50$
The best UI/UX suggestion gets 100$
The most “wholesome” feedback gets 200$, good ones definitely get into #dao-proposals
So what you waiting for?
Get to work fam 🚀 show us some love 💝 our future products will love you back even more 💰
Follow us on twitter for more!