How To Interact With Ooga Booga Testnet

BitBlog

Published: Oct 27th, 2024



Introduction

In this guide, we'll explore Ooga Booga and walk you through key tasks on the platform, such as executing swaps, staking $OOGA, and managing $sOOGA allocations.


What is Ooga Booga?

Ooga Booga is the native liquidity aggregator for Berachain, a blockchain aiming to be the most capital-efficient Layer 1 through its unique Proof of Liquidity consensus model. Since liquidity in blockchains is typically spread across various platforms, Ooga Booga's role is to centralize and streamline swap execution within the ecosystem, targeting the entire user base of the chain.



Step 1

First, head over to: app.oogabooga.io & connect your wallet.





Step 2

Now insert any amount of BERA & swap for HONEY.


Now let's swap some HONEY for OOGA.

Hit "Approve", wait for confirmation, then hit "Swap".




Step 3

Now go to the Stake page: app.oogabooga.io/stake

Insert any amount of OOGA, hit "Approve OOGA" and then confirm transaction with wallet.

Then hit "Stake" & again confirm with wallet.


Now we need to allocate our sOOGA to start earning rewards.

So insert any amount of sOOGA, hit "Approve Token", then press "Approve Allocation".

Finally, press "Allocate".





Outro

That's all for this guide! If you found this tutorial helpful and informative, consider sharing it on social media. You can also stay updated on the latest content and discussions by following us on X (formely Twitter): @BitBlogxyz

Disclaimer: This guide is provided strictly for educational purposes and should not be considered financial advice. The content is designed to offer insights into various web3 topics & projects.

We do not recommend putting real money into random projects without conducting plenty of your own research first. It is crucial to make informed decisions based on your own understanding and risk tolerance.

 




Comments



No Comments Yet!


This website uses cookies to analyze website traffic and ensure you get the best experience. By using this site, you agree to our use of cookies.
Learn more