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Seinami Incentivized Testnet

Seinami Incentivized Testnet

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Reward pool

1% of total supply

SEI

Expected profit

Unknown

SEI

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

Details

Sei wants the Cosmos community to work closely with the Sei team to shape and refine the Network.

Sei Network team has designed the Seinami Incentivized Testnet with the following goals in mind:

  1. Securing the Network: The testnet missions were created to test the usability and security of the Seinami Testnet. Sei wants to ensure that everything functions exactly as it is designed to.
  2. Identifying and Rewarding Early Adopters: A network is only as good as the set of its validators. Sei aims to foster an innovative and involved set of validators for the mainnet. The project is rewarding participants who strengthen the network, contribute to Sei’s codebase, and write documentation for the good of the community.
  3. Refining the Product: Sei really loves what it have built, but good products aren’t made in a vacuum. Sei wants the Seinami Testnet to be an opportunity for validators, traders, and developers to give feedback and improve Sei Network.

Rewards

In order to fairly compensate participants and reward early adopters, Sei Network will be allocating 1% of its total token supply to testnet rewards. The testnet will consist of 4 acts where participants can earn points by completing testnet missions. Once the testnet period is over, scores for all participants will be calculated. Token rewards will be distributed according to testnet points scored.

Seinami Testnet Acts

The Seinami Testnet will be split into 4 acts spread over the course of 2–3 months. Each act will have a different focus/theme for the network with missions to reflect those goals.

Act 1: Validator Setup

Aim: Test validator setup workflow and tooling

Duration: 1 week

Participants: Validators only

Act 2: Exchange and IBC integrations

Aim: Test exchange and IBC functionality on Sei Network

Duration: 1 week

Participants: Validators and Traders

Act 3: Smart Contracts and Stress Testing

Aim: Allow devs to build on Sei, identify bugs, and source improvements

Duration: 3 weeks

Participants: Validators and Developers

Bug Fix Window

Duration: 2 weeks

Act 4: Testing Governance and Bug Fixes

Aim: Test all fixes and voting mechanisms prior to mainnet launch

Duration: 2 weeks

Participants: Validators, Developers, and Traders

How do I get involved?

  1. Register here to join the testnet.
  2. Review Sei testnet mission docs.
  3. Join Discord server to stay up to date on announcements.
  4. Join Telegram channel to talk to the team and fellow users

About Sei Network

Sei Network is the first orderbook-specific L1 blockchain. It is built using the Cosmos SDK and Tendermint core, and features a built-in central limit orderbook (CLOB) module. Decentralized applications building on Sei can build on top of the CLOB, and other Cosmos-based blockchains can leverage Sei’s CLOB as a shared liquidity hub and create markets for any asset.

Links

 

About

Sei Network has launched the Seinami Incentivized Testnet to ensure that every last line of code is in shipshape. Sei Network wants to provide an opportunity for validators, developers, and traders to test and critique the product.

Activity Type

Testing

Testnet

Bugs

Date

1 Jun 2022 03:00(UTC+3) - 1 Aug 2022 03:00(UTC+3)

Registration

Open

When Reward:

None

Event Status

You can participate(Event started, Registration open)