Get test USDMDEN
Test USDMD in a minute, and the full loop with test gold.
Connect a browser wallet on Midas Chain testnet. Claim 1,000 test USDMD from the dispenser, or take a small daily amount of MockXAU and mint USDMD with it, then redeem it back. Everything here is testnet: none of these tokens has value.
Transactions need a little MIDS for gas. Get it from the Midas Chain faucet. onmidas.xyz
1. Claim 1,000 USDMD
The dispenser gives 1,000 test USDMD per address every 24 hours, from a pool the issuer tops up. No gold needed.
2. Take test gold
MockXAU gives 0.05 oz a day to each address, so you can try minting and redeeming with gold. It is not gold.
3. Mint USDMD with MockXAU
Approve the controller to take your MockXAU, then mint. You receive the MockXAU's value at the oracle price, less the 0.10% mint fee.
4. Redeem USDMD for MockXAU
Approve the controller to take your USDMD, then redeem. You receive MockXAU at the oracle price, less the 0.10% redeem fee.
5. Show USDMD in your wallet
Adds the token address to your wallet's list, so the balance is shown.
Nothing on these pages is an offer, a solicitation or a recommendation to buy, sell or hold any asset, in any jurisdiction. Test USDMD is not sold and has no value.