Source: Chasing the Wind Lab
Spin is a DeFi exchange infrastructure built on the NEAR protocol, a reliable and scalable L1 solution. The on-chain order book solution provided by Spin provides DeFi users with an experience that competes with CEXs.
Spin aims to provide NEAR Protocol users and projects with a comprehensive infrastructure for building and trading on-chain spot assets and derivatives, and ensuring a CEX-competitive user experience. As such, Spin's mission is to expand the NEAR protocol and DeFi services offered on other blockchains, as well as attract and engage CeFi audiences to on-chain trading and investing.
Let's start the test tutorial:
1) Create a Near test wallet
2) Enter the test network and connect to the wallet
3) Receive test coins (currently the faucet is not open yet)