faucet-info.md

Ether, Tether, TrueUSD, USD Coin, Paxos, Gemini, Dai

Wrapped Ether

• https://weth.io
• Wrapper of Ether to make it ERC-20 compliant
• Rinkeby faucet: https://faucet.rinkeby.io/

Tether

• https://tether.to
• Fiat enabled collateralized stable coin, that is backed by the most popular fiat currency, USD (US Dollar) in a 1:1 ratio
• Rinkeby faucet: contract created with Team's shared account 0xf85D1a0E1b71e72013Db51139f285C6d5356B712. Use it to mint new tokens

TrueUSD

• https://www.trusttoken.com/trueusd
• US Dollar backed stable coin which is totally fiat-collateralized
• Rinkeby faucet: https://github.com/trusttoken/true-currencies#getting-testnet-tokens

USD Coin

• https://www.circle.com/en/usdc
• legitimate built on open standards
• using Grant Thornton for verifying Circle’s US dollar reserves launched by cryptocurrency finance firm circle Internet financial Ltd and the CENTRE open source consortium launched
• Rinkeby faucet: https://app.compound.finance/asset/cUSDC

Paxos Standard (PAX)

• https://www.paxos.com/standard
• regulated stable coin. PAX is backed by US Dollar in equivalent 1:1.
• launched by Paxos Trust Company
• approved by the New York State Department of Financial Services
• Rinkeby faucet: contract created with Team's shared account 0xf85D1a0E1b71e72013Db51139f285C6d5356B712. Use it to mint new tokens

Gemini dollar

• https://gemini.com/dollar/

• regulated by the New York State Department of Financial Services

• launched same day as PAX by Gemini Trust Company. backed by USD

• Rinkeby faucet: contract created with Team's shared account 0xf85D1a0E1b71e72013Db51139f285C6d5356B712. Use it to mint new tokens.

  Deployed contracts:

  • ERC20Store: 0xa0B87D97782E6767Eb6862208bc9c1283b8d79f6
  • ERC20Impl: 0x8d54C3af182A5ef4f74e7eCC07aB6182153797bB
  • ERC20Proxy (main interface): 0x784B46A4331f5c7C495F296AE700652265ab2fC6

  To mint new tokens:

  1. Using the owner account, go to ERC20Impl contract and call requestPrint(address, amount)
  2. Check the emitted event. The first value is the lockId. For example, in this tx the lockId is ca4a9764f828ab76b617b6fa16499106bb0e630bbd0ae28480cb8d505ba6e0ab.
  3. On same contract, use the lockId returned from previous call and execute confirmPrint(lockId). Remember to prefix the string with 0x: 0xca4a9764f828ab76b617b6fa16499106bb0e630bbd0ae28480cb8d505ba6e0ab

MakerDAO (DAI)

• https://makerdao.com/
• crypto-collateralized cryptocurrency: stable coin which is pegged to USD
• Rinkeby faucet: https://app.compound.finance/asset/cDAI