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TESTNET MED RISK · 6/10 ● Verified by CRR

Earn Taiko Engagement Challenge points by lending ETH on Hana Finance (Galxe testnet quest)

N/A
Updated 6h ago · Source: galxe-testnet
PER-HOUR VALUE
Pool — share varies
Depends on participation
Effort
60 min
Setup + monitor
Capital
Holdings required
Risk score
6 / 10
Medium risk

The deal

What you do

Complete Taiko Grant Testnet tasks—mint NFTs, bridge, swap, add liquidity, borrow/lend—and earn points; top participants win stablecoins and exclusive Taiko-themed NFTs, with the ETH lending leg on Hana Finance.

Why it's 6/10 risk
  • This is a Galxe-hosted quest for Taiko testnet participation, but the actual reward terms and crediting logic are not fully provided in the source.
  • The source references multiple DeFi actions (Hana Finance lending plus other dApps), but does not include any audit reports or security details.
  • Testnet liquidity and pricing can be unstable, and any swap/LP-related steps may execute at unfavorable or inconsistent rates.

Minimum viable path
Hold required asset · amount varies by participant → 60 min setup → expected variable

Activity Rules Snapshot

Main dApp task includes Lend ETH on Hana FinanceVerified 1 key lending step
Task menu includes multiple DeFi actionsVerified NFT mint + bridge + swap + LP + borrow/lend + domain mint
Competition mechanicVerified Points for each task; top participants win rewards

How to participate

01 Step 1
Open the Galxe quest page and read the full task checklist for the Taiko Engagement Challenge.
02 Step 2
Complete the Lend ETH task by supplying ETH on Hana Finance markets (listed in the quest as: “Lend ETH: Supply ETH on Hana Finance at https://www.hana.finance/markets”).
03 Step 3
Track points across the remaining Taiko ecosystem tasks (minting NFTs, bridging tokens, swapping assets, adding liquidity, borrowing or lending, minting domains) until you meet the quest’s eligibility rules.
04 Step 4
Monitor your leaderboard/point status on Galxe and ensure all subtasks are properly completed before the event ends (deadline not provided in the source).

Risk breakdown

Weighted average of 6. Every factor is a risk score — higher means worse, same direction as the total. See rubric →

LEGEND: 1–3 LOW · 4–6 MED · 7–10 HIGH
Risk scores per factor. See rubric →
Factor Score Reasoning
Legitimacy
4/10
This is a Galxe-hosted quest for Taiko testnet participation, but the actual reward terms and crediting logic are not fully provided in the source.
Audits
6/10
The source references multiple DeFi actions (Hana Finance lending plus other dApps), but does not include any audit reports or security details.
Liquidity
5/10
Testnet liquidity and pricing can be unstable, and any swap/LP-related steps may execute at unfavorable or inconsistent rates.
Token unlocks
5/10
Rewards are said to include stablecoins and NFTs, but the source does not specify claim timing or unlock/vesting mechanics.
Concentration
6/10
Your success depends on completing many specific subtasks across dApps; failure to get credit for even one leg can reduce your points.
Regulatory
3/10
Testnet participation is generally lower regulatory exposure than mainnet investing, but any off-platform reward/identity requirements are unknown from the source.
WEIGHTED SCORE
6 / 10
Regenerated on every primary-source change.

Before You Participate

  • Testnet interactions can fail due to network congestion, wallet signature errors, or dApp UI/contract changes during the test phase.
  • Because the quest spans many actions (bridge, swap, LP, borrow/lend), small mistakes in amounts/pairs/approvals can prevent point credit.
  • The source does not specify the capital requirement or exact rewards schedule, so expected returns are uncertain and may be low unless you place highly.
  • If points or task completion tracking relies on correct on-chain events, any mismatch (wrong asset, wrong chain/config) may not be counted.
✓ Who it's for
  • Users comfortable with multi-step DeFi on testnets (wallet ops across dApps)
  • DeFi explorers who want to earn points toward a leaderboard-style Galxe quest
  • Users specifically interested in Hana Finance markets and lending flows
✗ Not for
  • Users who want a single, low-touch action (this quest is multi-dapp and multi-step)
  • Users who dislike operational risk from bridging/swapping/LP/borrow-style steps
  • Users who require a clearly stated capital requirement or fixed payout amount
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Frequently asked questions

What is the Taiko Grant Testnet - Hana Finance Challenge?
It’s a Galxe testnet quest called the Taiko Engagement Challenge, where you complete multiple dApp tasks across the Taiko ecosystem and earn points; top participants win rewards such as stablecoins and exclusive Taiko-themed NFTs.
How do I complete the Hana Finance part?
Follow the quest’s specific instruction: “Lend ETH: Supply ETH on Hana Finance at https://www.hana.finance/markets.” Submit the supply/lend action in Hana Finance markets and ensure it’s recognized by the quest.
Are there any rewards guaranteed for everyone who finishes?
The source only states that top participants win exciting rewards; it does not guarantee equal rewards for all participants, so your outcome likely depends on points and ranking.

Resources

Execution links
Partner homepage
galxe.com

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