MonoX Incentivized Testnet

Detailed information 

Team recently announced exciting collaboration with Ethereum’s Internet of Blockchains — Polygon. Polygon (formerly Matic Network) is a framework for building interoperable blockchain networks on Ethereum.

MonoX aims to take advantage of the increased scalability, low gas fees and faster transaction speeds that the Polygon protocol offers. In doing so, they aim to provide community with an improved user experience.

Info

Today team is thrilled to invite users to test out their product on Polygon’s testnet; Mumbai.

A $20,000 reward pool of $MONO will be distributed amongst participants for engaging in various activities. This is the same pool as the original Kovan Pool for Mumbai testers.

Eligibility: Anybody is open to participate.

Duration: The testing period will continue until July 4th. They have extended the initial period team users have enough time to participate on Mumbai.

How to use Polygon Testnet

Connecting your Metamask to the Mumbai Testnet in preparation for the MonoX Polygon Bug Bounty Program.

Signing Up

To take part and be considered for the reward pool please sign up for the Testnet here.

Adding Mumbai Testnet to your Metamask.

Mumbai Testnet is not enabled by default on Metamask. As such, you will need to add it as one of the connected networks.

To connect to the Mumbai, start by doing the following:

Step 1: Login to your wallet and click on the dropdown selection of networks

Step 2: Select on “Custom RPC” at the bottom

Step 3: Fill in the parameters as follows

• Network Name: Mumbai
• New RPC URL
• Chain ID: 80001
• Currency Symbol: MATIC
• Block Explorer URL

Step 4: Click “Save” and it’s completed.

Alternative Way to Connect to the Mumbai Testnet

Step 1: Visit.

Step 2: Search for “Mumbai” using the search bar located at the top.

Step 3: Click on “Connect Wallet” to connect your Metamask

Step 4: Click on “Add To Metamask” and you’re good to go

Connecting MonoX with Mumbai

• Proceed.
• Click on the “Connect Wallet” button located at the top right corner and select your wallet you wish to connect with.
• Upon successful connecting to your wallet, the Kovan Icon and your wallet address will be displayed.

You will need to click on the Kovan Icon and switch to the Mumbai Network.

Proceed to the Polygon Faucet in order to get some Mumbai MATIC for testing.

• Proceed

Activities

1. Adding Liquidity ($MATIC)
2. Removing Liquidity ($MATIC)
3. Swap $MATIC for ($MONO)
4. Add Liquidity for a new token

Read more about the incentivized testnet here.

Scoring

Tokens will be weighted by the kind of bugs found by the community, rated from low, medium to high importance.

• Non critical Bugs (UX and UI) — LOW
• Smart Contract Related — MEDIUM
• Critical (loss of funds) — HIGH

The more rare the bug that is found the larger the share of the pool users will recieve.