Test Drive
Test Drive:
Introduction to Web III. A hands on experience.
Metamask
Quest: Install Metamask
Task: Copy the 12 word seed on a piece of paper
Quest: Private Keys and Public Address
Click on the 3 dots besides your account name, and select account details.
Click on show private key.
Task: Look at the Private Key of your account.
Exercise
With a Private Key you can import the associated account from any wallet on any device. whoever has the private key, controls the funds associated with that address.
Quest: Change Networks
Click on the Ethereum Mainnet tab. Other available networks appear. These are networks compatible with the Ethereum network format. We will use the Polygon network in our exercises.
Click on the add button to add the Polygon network.
Notice that the tab reads now Polygon Mainnet. You are warned that gas fees are in Pol, and that you can't send funds from one network to another using the send button.
For sending assets from one blockchain to another you have to use the "Bridge" technology.
Task: Show a screenshot of your metamask connected to the Polygon Mainnet
Exercise
It is very important to notice that, when you are connected to the Ethereum Mainnet, your Account 1 (If you haven't changed the name of it) Is an address in the Ethereum network.
When you switch networks to the Polygon Mainnet. You have an account on that network with the same name, but they are different accounts.
For simplicity and convenience they share the same string of characters that identifies them. But if you have some funds in one account, you won't see the funds in the other account, because they are NOT the same account.
This is also important when you connect to a website, because if you connect an account in the Polygon network, for example, the other account in the Ethereum network is not connected automatically.
Quest: Website interaction, connect account
Open Metamask. Click on Expand view. With your Metamask extension connected to the Ethereum Mainnet visit this website:
Scroll down to the section: Buy Tokens. Underneath the red warning. (to know more about the red warning visit the Frontrunning quest.)
If it is the first time you connect with the website it will not show the price of the tokens.
Task:Click on connect account.
This will connect the website to your account using Metamask.
Exercise
After you gave permissions to connect with this site it will show the token prices in USD.
Notice that the buttons in the right hand side column say ETH/SPRING, ETH / SUMMER, etc.
the website is displaying information pertaining to the Ethereum blockchain.
===Task: Share a screenshot of the token's prices in the Ethereum network.
Quest: Website Interaction, changing networks
Let's go back to your Metamask tab.
Click on the 3 dots at the right hand side of the account name. click on all permissions.
This displays the websites that you have granted permissions to read data from your account. Click on the seasonaltokens.org tab and click on disconnect.
Now the seasonaltokens.org website is disconnected from the account.
Change the network to Polygon Mainnet.
Visit Buy Tokens / Trade again, This time with Metamask connected to the Polygon network.
Look again in the Buy Tokens section. (under the red warning horizontal bar)
Your account is disconnected from the website, so the token prices table is empty. Click on connect account to connect your Polygon account to the website.
The website now should display the information from the Polygon network.
Exercise Notice the differences in price between the two networks.
Quest: Front-running Bots
Explain front-running. Turn on smart transactions in Metamask.
Quest: Sample Transaction
Receive tokens and Pol for experiments.
Layer II
Polygon Bridge Wrapped tokens
Ethereum / Polygon Chains (Explorers Transactions) Wrapped BTC https://www.kraken.com/learn/what-is-wrapped-bitcoin-wbtc
Token smart contracts.
Mint transactions.
Mining Pool
(GPU, BlackMiners)
Swaps Buy Sell
Uniswap liquidity pools
Token Pair Contracts
Price trackers
Farming
Creating a farm position NFT
Ways to make money with S.T
Trading Simulator Trade tokens for more tokens
Investors Club
Features left for Test Drive:
Price Impact
Layer II
Polygon.
PolygonScan
Compare features to Etherscan
WEB III