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How to Participate in Circle's Native Chain Arc Testnet Interaction?

Nov 6, 12:34
How to Participate in Circle's Native Chain Arc Testnet Interaction?
Original Title: "Circle's Stablecoin Public Chain Arc Testnet Interaction Guide"
Original Author: Asher, Odaily Planet Daily


Last week, Circle's stablecoin Layer 1 project Arc announced on X platform that its public testnet is now live. Below, Odaily Planet Daily takes you through a "zero-cost" participation in the Arc testnet interaction to receive a token airdrop.


Arc: A Layer 1 Dedicated to Stablecoins Launched by Circle



Arc is a next-generation EVM-compatible Layer 1 blockchain launched by the "first stock of stablecoins," Circle, aiming to build the economic operating system of the internet, deeply integrating programmable stablecoins with on-chain financial innovation. Arc is designed for financial applications, focusing on global payments, forex, lending, and capital markets, with the goal of providing a secure, low-cost, compliant, and scalable foundational settlement layer for the internet's programmable money.


Arc aims to address the three major pain points faced by existing public chains in enterprise and institutional-grade financial applications: inadequate high-frequency transaction performance, lack of privacy and compliance support, and excessive transaction fee volatility. By optimizing its architecture and introducing a stable fee model, Arc will achieve efficient financial-grade transaction experiences and drive stablecoins from being just a "digital dollar" towards becoming the core infrastructure for global payments, lending, forex, and capital markets.


Arc Testnet Interaction Guide


STEP 1. Add the Arc test network in your wallet (https://testnet.arcscan.app/). Scroll to the bottom of the page, click on Add Arc Testnet in the bottom left corner, and confirm in your wallet popup.



STEP 2. Claim testnet test coins (link: https://faucet.circle.com/), receive both USDC and EURC.



STEP 3. Send GM on the Arc testnet (link: https://onchaingm.com/), connect your wallet, then find GM on Arc Testnet and click to confirm in your wallet popup.




STEP 4. Deploy Contract on Arc Testnet (Link: https://onchaingm.com/deploy), find Arc Testnet, click Deploy and confirm in the wallet popup.




STEP 5. Send GM on Arc Testnet in ZKCODEX Platform (Link: https://zkcodex.com/onchain/gm), connect wallet, find Arc Testnet, click Send GM, and confirm in the wallet popup.



STEP 6. In ZKCODEX Platform, choose Arc Testnet (Link: https://zkcodex.com/onchain/deploy), connect wallet, find Arc Testnet, click Simple Deploy, Token Deploy, NFT Deploy, and confirm in wallet popup.




STEP 7. In ZKCODEX Platform, choose Arc Testnet to mint another NFT (Link: https://zkcodex.com/onchain/memorial), click Mint 1 NFT, and confirm in the wallet popup.




STEP 8. Register a .arc domain on InfinityName Platform (Link: https://infinityname.com/), connect wallet, enter desired domain name, find Arc Testnet Registration, and confirm in the wallet popup.




Above is the complete tutorial on interacting with the Arc testnet. If there are any upcoming testnet incentive activities, Odaily Weekly will also be updated as soon as possible.


In addition, on October 30, Arc released the first batch of 11 projects built on the public testnet, which are also worth paying attention to, namely: on-chain stablecoin-related protocol ZKP2P, universal encrypted trading platform Sequence, intelligent agent solution interconnection platform Superface, stablecoin wallet infrastructure Blockradar, stablecoin banking service Copperx, crypto API development company Crossmint, cross-border fund sending and management program Hurupay, wallet infrastructure Para, personalized finance platform CFi, zero-knowledge proof-based wallet Hinkal, cross-chain infrastructure Axelar Network.



Original Article Link


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