DeFi
Apr 24, 2025
Earn Rewards With the First Cypher Lending Protocol - Templar Protocol Testnet Guide
Learn how you can become an early participant in Templar Protocol's testnet—a cypher lending protocol backed by $4M funding capital
If you are an avid follower of the DeFi realm, then something exceptional is developing that you're bound to want to know about. Comes the first-ever Cypher Lending protocol: Templar Protocol
What is Templar Protocol?
Marketing itself as the first Cypher Lending Protocol, Templar Protocol claims to be a trustless liquidity platform that allows you to liberate your Bitcoin from Parasitic entities and burdens, both financial and otherwise. The freedom given to users is heavily focused on privacy, self-governance, and returning back to the roots of cryptocurrency.
Unique Selling Points
Branded as the first "Cypher Lending" protocol, it focuses on privacy and sovereignty.
Elimination of trust on third parties through trustless structure.
Users' assets are protected from centralized control.
Funding Details
Templar Protocol has raised institutional capital of $4M from the Near Foundation and additional investors signalling strong institutional support for their vision.
How to Take Part in the Templar Testnet
To participate in the Templar Protocol Platform testnet, follow these steps:
Acquire Test Tokens Head over to: near-faucet.com. For your wallet, fetch the test tokens.
Connect to the Testnet Visit: testnet.templarfi.org. Connect your wallet through the platform.
USDT Borrowing Go to the borrowing section. Pledging $NEAR as collateral lets you borrow $USDT.
Supply USDT Go to the "Supply" section. Provide $USDT to complete your deposit.
Reporting Bugs If you stumble upon any issues use the "Support" option button provided to you.
By reporting issues encountered, you assist the protocol addition and will be rewarded.
The Templar Knights Program
Aside from the testnet, Templar introduced the community initiative "Templar Knights" program, themed around the middle ages, encouraging users with ranking systems customized for rewarding actively engaged users.
Ranks and Their Corresponding Rewards
Rewards and Requirements
Squire:
Squire requirements include joining discord, following on X (Twitter), and adding the Templar Emoji to your profiles 🏛. As a squire, you will have access to guides and discord channels.
Knight:
Knights are required to actively participate in discord and X talks. TMPLR Token rewards, as well as increased rank eligibility are included as Knight rewards.
Crusader:
Creating content about Templar in the form of blogs, videos, and threads will earn you increased TMPLR bonuses, additional exclusive NFTs, and you will be considered a Crusader.
Templar Marshal:
Moderating the community and leading initiatives will help you obtain greater TMPLR allocations and direct access to the core team, hereby termed as Templar Marshal.
Grand Master:
To obtain Grand Master, you need to show exceptional leadership along with 6 to 12 months of service. You will receive the hghest TMPLR rewards and strategic input with the core team.
Roles such as mercenary (reply guy), artisan (graphic creator), jester (meme creator), and herald (twitter engagement) showcase specialized talent within the community.
Reach Out to Templar
Website: testnet.templarfi.org
X/Twitter: Templar Protocol
FAQs
What is Cypher Lending?
Cypher Lending is Templar’s version of DeFi lending that focuses on principles of privacy, self-sovereignty, and absence of central control—on the lending and borrowing cypherpunk ethos of crypto.
Is TMPLR the official token?
As per they documents, TMPLR is now a placeholder token ticker and will be changed in due course.
Do I need real funds to participate in the testnet?
No, only test tokens are needed and these can be obtained without charge from the Near faucet.
How long will the testnet be available?
The published information does not specify the end date, so join as fast as possible.
What comes after the testnet phase?
Not clearly said, but protocols usually go from testnet to mainnet launch with some level of compensation for early testers and community members.
How can I increase my chances for future rewards?
Join the testnet and report bugs as well as showing commitment through the Templar Knights program.
