Xend Finance Incentivized Testnet

Event details

About

Team is very proud of the fact that team have made so much progress just over one month after public launch in conjunction with one of backers, Binance. On top of being a Binance-backed project, amongst others, team are also building their protocol on Binance Smart Chain — the first company to do so out of Africa. (Read why team chose Binance Smart Chain here.) Team are proud to be ambassadors and representatives of the African landscape and ecosystem, where blockchain and crypto-adoption has one of the fastest growth rates in the world. Team believe that blockchain and crypto can have profound effects for stabilizing the continent and fluctuating valuations of local currencies.

Participation and Reward 

• Duration: 15th Dec. 2020–15th Jan. 2020
• Rewards: 200,000 XEND Tokens

Team have two rewards categories.

1. Leaderboard
2. Weekly Winners

For the leaderboard, users have to complete tasks to earn points under the following categories:

1. Technical Testnet Campaign

• Platform Explorer
• Bug Bounty Hunter

2. Media Testnet Campaign

• The Leaderboard will be updated daily.

Platform Explorer

1. Personal Savings Operations — 10–50 points

• Complete a Personal savings operation on the testnet and submit screenshots of your completed task.

2. Esusu Savings Operations — 10–50 points

• Complete an Esusu savings operation on the testnet and submit screenshots of your completed task.

3. Cooperative Savings Operations — 10–50 points

• Complete a Cooperative savings operation on the testnet and submit screenshots of your completed task.

Bug Bounty Hunter 

Find and report a bugs to get points

1. Minor (No so technical serious bug, typos) — 10–50 points
2. Serious technical bugs (can cause little damage or fraud) — 50–100 points
3. Very serious (serious logical, big damage) — 100–500 points

To participate in the Platform Explorer and Bug Bounty Hunter campaigns, submit your works here

Telegram Campaign

Rewards:

• Promote us in Group Channel (this is for people who own groups with minimum 1000) (70 points)
• Create and post Xend Finance Stickers/Memes (50 points)

Rules:

1. Join official community group
2. Invite your friends to join the channel
3. Extra tokens are awarded for activity on telegram
4. Telegram account must be real (bots will be disqualified)
5. No spamming, advertising, trolling or abuse will be tolerated. If you do not obey these rules you will be removed, banned and reported.
6. Xend Finance reserves their right to change these terms or apply new ones.
7. Users not complying with the terms will be disqualified.

Twitter Campaign

The rewards will be given on a weekly basis.

Rewards:

1. Have more than 20–100 followers: 10–30 points/week

1. Have more than 200 followers: 30–50 points/week
2. Have more than 501 followers: 50–75 points/week
3. Have more than 1001 followers: 75–100 points/week
4. Have more than 2001 followers: 100–150 points/week
5. Have more than 5,001 followers: 100–200 points/week

Rules:

1. Twitter account must have over 20 Followers
2. Must follow, like and retweet their page content at:https://twitter.com/xendfinance. Use hashtag below each post : #Xendfinance #Defi etc
3. At least 5 tweets/retweets per week

Video Campaign

These rewards will be given per video content created

Rewards:

1. Normal quality: 15 points
2. Medium quality: 30–50 points
3. High quality: 50–100 points
4. TOP quality: 150–300 points

Rules:

1. Describe Xend Finance and its features
2. Upload them on YouTube or Vimeo
3. Must have at least 50 subscribers
4. Duration should not be less than 2 minutes of actual content
5. Points will be allotted on the basis of the quality and audience of the video. The amount of points assigned is non negotiable.
6. Plagiarism or use of another’s material will be considered as an invalid submission.
7. In the description of the video, there must be at least one link to the website , twitter, telegram and/or whitepaper.

Media/Blog Articles Campaign

These rewards will be given per blog content created

Rewards:

1. Good Quality: 30 Points
2. Better Quality: 100 Points
3. Best Quality: 300 Points

Rules:

• Content Must be original
• Article/blog will be about Xend Finance and should be Blockchain/DeFi related
• The platform through which you publish must be relevant and there must be an audience
• Article/blog must be at least 400 words
• Content can be in either English, Chinese, Korean or Russian
• Must include Xend Finance Website, Telegram and Twitter links in content

To participate in the Media Campaign submit your works here

Weekly Winners

• Post with highest retweets that also has Xend Finance hashtags
• One person from the community picked at random for promoting Xend Finance

Note: Users participating have to fill the Google forms to tell them what tasks they have completed.

Prize scale on Leaderboard

• 1st: $1,000 + 15,000 $XEND tokens
• 2nd: $750 + 10,000 $XEND tokens
• 3rd: $500 + 5,000 $XEND tokens
• 4th-10th: $150 + 3,000 $XEND tokens
• 11th-50th: 2,000 $XEND tokens
• Weekly Winners: $150 + 2,500 tokens

The Leaderboard will be updated daily, and winners will be announced at the end of the Test Duration.